Mergers and acquisitions

Italy’s deputy prime minister ‘confident’ deal to revive carrier will go ahead

"We haven’t finished," Derek Jones told the media

The TMC has taken part of Inc. Travel Group and an entire takeover of Vip Leisure Travel

Hotham and Falls Creek in Australia have been acquired by Vail Resorts

Flybe said its confirmed schedule will operate as normal

The luxury operator, founded in 2004, is on course to double its revenue in the three years to the end of 2019

It follows easyJet’s expression of interest in a restructured Alitalia in October last year

Air France/KLM/Delta given EU green light for Virgin bid

Empathy Marketing Limited’s brands also include TheDiningRoom.ie, LuxuryBreaks.ie, Pamper.ie, JustGolf.ie and TreatTicket.ie in Northern Ireland

The consortium agreed a 1p per share deal, which undercut the share price of the company

It follows an initial announcement by the airline last month

The Grade II listed property dates to the 18th century and sits on 440 acres of parkland

TruTravels founders Joe Fallon and Mark Pope will continue to run the company as minority shareholders

The private equity firm maintains lead investments in a number of low-cost carriers

Feefo’s chief revenue officer Matt West has led the buyout and becomes chief executive

The acquisition is EFR’s third in the past four years

The acquisition, said Hotelbeds, emphasises its commitment to ancillary sales

Tata Group is understood to be carrying out “due diligence” ahead of a bid for a controlling stake in the Indian carrier

It follows Gray Dawes’s purchase of CTM last December

The deal is understood to be worth between $18m to $25m and will see the two airlines continue to operate independently in the interim

Sarah Bradley, JLA’s managing director, will continue to lead the business

The hotel booking firm will join the WebBeds portfolio alongside JacTravel, TotalStay, Sunhotels, Lots of Hotels and FIT Ruums

The deals are the first stage of a “buy and build” strategy

The brands will be consolidated under the Hotelbeds moniker