Mergers and acquisitions

Thomas Cook granted extra time to secure rescue deal

Historic operator still planning to implement Fosun-led recapitalisation in early October

Gray Dawes Group acquires Amber Road Travel

Move will bolster Gray Dawes’ presence in the north

Thomas Cook 'focused on completing' Fosun rescue deal

Cash-strapped operator seeks extra time to work on arrangement with Chinese travel giant

Iceland’s Wow Air revived by US aviation firm

Flights to resume in October following USAerospace Associates buyout

Trade backs £900m Thomas Cook ‘rescue deal’

‘A strong Cook is good for the whole industry’

Courts clear Air Canada Transat takeover

Deal expected to be completed during Q2 2020, subject to regulatory approvals

Former Silversea boss Perasso named A&K Group CEO

It follows investment in Abercrombie & Kent Group by Manfredi Lefebvre’s Heritage Group

Thomas Cook: Union seeks job assurances following rescue deal

TSSA union wants assurances retail roles will be protected

Thomas Cook agrees terms on proposed £900 million rescue deal

Cook’s largest stakeholder Fosun will stump up £450 million with the group’s core lending banks and noteholders aiming to match the Chinese tourism giant’s investment

Private equity expected to invest in further travel firms this year

RSM says uncertainty around Brexit is impacting the flow of attractive deal opportunities

Jet2 rules out move for Thomas Cook’s retail business

Operator to maintain focus on ‘fostering close working relationships’ with independent agents

Snowsports specialist Nuco acquires Erna Low Travel

The sale comes as Joanna Yellowlees-Bound retires as chief executive of Erna Low

Thomas Cook Nordic bidder makes new acquisition

Triton Partners has snapped up operator Corendon Holiday Group

Private airline named as potential new bidder for Cook airline

Reports suggest Portugal’s Hi Fly is interested in purchasing carrier

Thomas Cook Airlines sale 'may not raise enough', analysts say

Value of Thomas Cook Airlines over-estimated, City firm says

ITC sells Villa Select to Stewart Travel owner

Second major acquisition for Brooklyn Travel since management buy-out

Solos Holidays to step up trade focus following private equity acquisition

Chief executive of new owner Stone Adventures Stewart Baird told TTG while Solos already works with the trade, “part of the plan is to grow that”

Youth sports specialist acquired by Rayburn Tours

Schools specialist expands portfolio with acquisition

Solos Holidays targets growth with new private equity backing

Solo holiday specialist pledges to grow Club Solos brand following acquisition by private equity investor Stone Ventures

EasyJet pulls out of Alitalia rescue consortium

Airline had been discussing a deal with Delta Air Lines and Italian state rail operator Ferrovie dello Stato

Tui Group to shed seven long-haul aircraft

Group to dispose of French scheduled carrier Corsair to continue focus on hotel and cruise investments

Saga mulling sale of Titan and Destinology, report claims

The brands could collectively command a price tag of around £100m, according to City sources

Flybe sale to Virgin-led consortium granted court approval

Connect Airways’ acquisition of regional carrier clears final hurdle

Flybe Group shareholders approve sale to Connect Airways

Vote at general meeting completes deal to sell regional carrier