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Mergers and acquisitions

Culture Trip exploring sale options after management buyout
Culture Trip exploring sale options after management buyout
The London-based tour operator announced on Wednesday (12 July) it was looking at different options, including sale, as part of its strategic business review
Norwegian is reopening its base at Helsinki
Norwegian Air acquires regional carrier Wideroe for £82m
Wideroe will continue to exist as a separate company with its own brand, organisation and headquarters in Bodo
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Investors’ doors are 'wide open' – here’s how you can capitalise
Finance specialists suggest there is heightened investor interest in the travel sector spurred by good post-pandemic prospects
TAP has lost its chief executive in the run-up to privatisation
BA parent IAG eyes Portugal's Tap to open up Brazilian market
IAG boss Luis Gallego said a move for Tap would make sense from a strategic point of view, but would depend on whether the Portuguese carrier is privatised
Travel and tourism deal activity plummets year-on-year, data shows
Travel and tourism deal activity plummets year-on-year, data shows
GlobalData figures have revealed that global deal activity has plummeted by 41% year-on-year, with private equity deals being hit the hardest
ITA Airways was formed in 2021 after the Italian government bailed out Alitalia
Lufthansa takes major step towards acquiring Alitalia successor
German carrier’s €325/41% stake in the airline, born out of the ashes of Alitalia, paves the way for a complete buyout
Center Parcs will begin reopening its villages from 13 July
Center Parcs placed up for sale with £4-5 billion price tag – reports
Canadian private equity firm Brookfield acquired the brand’s UK operation in 2014 for around £2.4 billion
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WestJet completes takeover of rival operator and airline
Canada’s WestJet completes deal to acquire rival operator Sunwing and its airline
Horner will focus on maintaining Advantage's business travel
Gray Dawes acquires Florida TMC to continue expansion into US
Acquisition of Express Travel will grow Gray Dawes’s turnover to more than £350 million and employee numbers towards 300
BA parent's Air Europa bid reportedly set to face lengthy EU probe
BA parent's Air Europa bid reportedly set to face lengthy EU probe
The deal may even be blocked over fears it could lead to higher ticket prices
Mergers and acquisitions, M&A
Travel M&A activity ‘gaining momentum’ and expected to accelerate this year
CAA’s proposed changes to the Atol scheme cited as one reason for long-time business owners looking to sell up
Air Malta is the first of Classic Package Holidays' new partner carriers
Air Malta to be replaced ‘by the end of the year’
Replacement for Air Malta has been agreed, the airline’s chairman confirms
Experience Travel Group's Sam Clark said B Corp status was about 'much more' than sustainability
Experience Travel Group merges with Holiday Architects to create new group
The specialist operators will come together under the ownership of a new umbrella company
Travel Counsellors open to future acquisitions 'with the right qualities'
Travel Counsellors open to future acquisitions 'with the right qualities'
Travel Counsellors acquired Birmingham-headquartered Holidaysplease on Monday – the first deal in its 30-year history
Canada's WestJet cleared to complete takeover of rival Sunwing
Canada's WestJet cleared to complete takeover of rival Sunwing
Transport Canada has given the proposal, more than a year in the making, its blessing
JetBlue's merger with Spirit Airlines may be blocked
US govt ready to block JetBlue-Spirit Airlines merger
US lawsuit, enacted by the Biden administration, could block plans for JetBlue to merge with Spirit Airlines
Southend airport has agreed a new multi-year deal with easyJet (Credit: Esken)
Southend airport placed up for sale despite ‘increasingly positive’ outlook
Owner Esken ‘exploring sale’ of Essex airport
British Airways parent to acquire Latin America carrier Air Europa
British Airways parent to acquire Latin America carrier Air Europa
The company will pay €400 million for the remaining 80% of the Latin America carrier
Flight Centre to acquire Scott Dunn in £120 million deal
Flight Centre to acquire Scott Dunn in £120 million deal
Australian travel giant hopeful of completing deal for British luxury tailor-made travel firm by the end of February
Eurostar Group reveals new brand ahead of autumn launch
Eurostar Group reveals new brand ahead of autumn launch
The move, according to the group, reaffirms its ambition to carry 30 million passengers by 2030
ITA Airways was formed in 2021 after the Italian government bailed out Alitalia
Lufthansa submits bid for stake in Italian flag carrier ITA
German carrier seeking minority stake in Alitalia successor, with a view to a complete takeover
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A&K bolsters Galapagos presence with new investment
A&K Group invests in Galapagos Islands partner
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Singapore Airlines and Tata agree to merge Air India and Vistara
SIA pledges to invest US $250 million to increase stake in newly-enlarged Air India group to 25.1%
Travel ban ends amid fears over 'Indian variant'
Thanksgiving travel disruption and Loganair's islands pledge
Weather set to have knock-on effect on US Thanksgiving getaway, while Loganair says it will retain its Highlands and islands services despite being up for sale