Articles tagged “m and a”

Former Thomas Cook Unit Condor Sold to Polish Airline Group

Former Thomas Cook Unit Condor Sold to Polish Airline Group

Patrick Whyte, Skift

The deal secures Condor's immediate future. But can a small carrier group really hope to compete against the might of Lufthansa and low-cost carriers such as Ryanair?

6 months ago

British Airways Owner IAG Makes Offer for Spanish Airline Air Europa

British Airways Owner IAG Makes Offer for Spanish Airline Air Europa

Patrick Whyte, Skift

It's easier to understand IAG CEO Willie Walsh's sanguine tone on last week's earnings call given he clearly had this deal in the pipeline. If it goes through — and it's still a big if given the competition concerns — it will ease the pain of Delta's recent Latam deal.

8 months ago

Ethiopian Airlines Considers Buying a Stake in South African Airways

Ethiopian Airlines Considers Buying a Stake in South African Airways

John Bowker, Bloomberg

Ethiopian Airlines is a an African aviation success story. Would it really be a good idea to get involved with the struggling South African Airways?

9 months ago

Debt, Egos and Bad Decisions: How Thomas Cook Failed to Adapt to a New Era of Travel

Debt, Egos and Bad Decisions: How Thomas Cook Failed to Adapt to a New Era of Travel

Patrick Whyte, Skift

Thomas Cook's collapse was a disaster played out in slow motion. An ill-fated acquisition spree, a bloated retail footprint, and a commoditized product left it unable to deal with changes in consumer behavior and economic shocks.

10 months ago

Can Thomas Cook’s Surviving Brands Find New Homes?

Can Thomas Cook’s Surviving Brands Find New Homes?

Patrick Whyte, Skift

Thomas Cook wasn't just a UK business: It had operations across Europe, some of which were pretty profitable. They're now in a race against time to secure their future and find new owners.

10 months ago

Blackstone Looks at Buying Water-Park Operator Great Wolf

Blackstone Looks at Buying Water-Park Operator Great Wolf

Kiel Porter and Gillian Tan, Bloomberg

Great Wolf Resorts has had a few private equity owners in its recent history and another one clearly thinks there is more money to squeeze out of the business.

10 months ago

Japan Airlines Exploring Malaysia Airlines Investment

Japan Airlines Exploring Malaysia Airlines Investment

Chan Tien Hin, Bloomberg

It sounds like talks are at a very early stage, and given Malaysia Airlines troubled history, we shouldn't necessarily expect a firm bid.

10 months ago

Air France May Play a Part Rescuing Country’s No. 2 Airline

Air France May Play a Part Rescuing Country’s No. 2 Airline

Patrick Whyte, Skift

Slots are a valuable commodity, especially at busy airports like Orly. Aigle Azur's demise offers Air France an opportunity to increase its presence at Paris' second largest airport, but other airlines will likely be interested as well.

10 months ago

Cox & Kings Contemplates Sale of Meininger Hotels

Cox & Kings Contemplates Sale of Meininger Hotels

Jack Sidders, Gillian Tan and Eyk Henning, Bloomberg

Given Cox & Kings' well-publicized financial struggles, offloading the Meininger hybrid hotel/hostel chain makes sense. There will likely be plenty of interested parties.

10 months ago

Why Brexit Makes Premier Inn Owner Whitbread an Attractive Takeover Target

Why Brexit Makes Premier Inn Owner Whitbread an Attractive Takeover Target

Andrea Felsted, Bloomberg

Unlike a lot of hotel companies, Whitbread has held onto its property portfolio. With Brexit making UK companies cheaper to buy, there'll be a few companies looking at it as a potential acquisition.

11 months ago

Thomas Cook’s New Investor Reveals Turnaround Plans

Thomas Cook’s New Investor Reveals Turnaround Plans

Asli Kandemir, Luca Casiraghi and Richard Weiss, Bloomberg

How much longer can Thomas Cook stay silent? With Neset Kockar fleshing out his plans, the tour operator will surely have to say whether or not it views his approach as credible.

11 months ago

New Thomas Cook Investor Talks Up Company’s Potential

New Thomas Cook Investor Talks Up Company’s Potential

Simon Foy, Bloomberg

It sounds like we should be preparing ourselves for a new takeover approach. The question is what will Fosun do if and when it comes?

11 months ago