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Mergers and acquisitions

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Thomas Cook denies Fosun sale rumours
Chinese conglomerate acquired the Cook brand in November 2019 before relaunching it in September 2020
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Caribtours joins ID Travel Group to boost product offering
The UK management team under chief executive Paul Cleary will retain control of the day-to-day running of the company
ITA Airways was formed in 2021 after the Italian government bailed out Alitalia
ITA Airways strips chair of powers amid sale negotiations
Last month, an investor group emerged as an interested party in acquiring ITA Airways
Hays North West managing director Don Bircham
Hays North West snaps up two World Travel Lounge stores
All staff have been retained, with World Travel Lounge boss David McDonald stating the business would concentrate its focus on the high streets of smaller towns in the North West
Aine McKenna (More Life VIP) and Brad Nobbs (Booked It Group)
Tech firm snaps up luxury operator to accelerate push into travel
Booked it Group follows acquisition of Party Hard Travel in April with move for More Life VIP
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Leger Shearings Group acquires Arena Travel out of administration
The group confirmed Arena staff will retain their jobs and the firm’s bookings will go ahead
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Intrepid acquires Aussie outdoor specialist to boost DMC network
The business acquisition is the operator’s fourth in the past 12 months
Air Europa jet mid-flight
British Airways parent to acquire 20% stake in Air Europa
IAG converts €100 million loan into 20% equity stake in Madrid-based carrier
Spirit is assessing offers from Frontier and JetBlue
'JetBlue/Spirit merger is good news for UK trade'
The merger of two US airlines creates more selling opportunities for UK agents
JetBlue's first transatlantic passenger flight arrived at Heathrow on 12 August
JetBlue agrees $3.8 billion acquisition of Spirit Airlines
Deal completed after Spirit’s shareholders declined to back a proposed merger with Frontier Airlines
Spirit is assessing offers from Frontier and JetBlue
US carriers Spirit and Frontier end protracted merger talks
The decision now paves the way for JetBlue to acquire Spirit
Spirit is assessing offers from Frontier and JetBlue
Spirit Airlines takeover meeting delayed for a week
US carrier seeks more time to consider bids from Frontier and JetBlue
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A&K Travel Group acquires Crystal Serenity and Crystal Symphony
The two ships, which will continue to operate under the Crystal Cruises brand, will resume service in 2023 after undergoing refurbishment
Rabbies tour bus in the Cotswolds
Rabbie's secures multi-million pound investment
Minibus tour specialist Rabbie’s secures cash injection for expansion
JetBlue will launch London transatlantic services later this year (Credit: JetBlue)
JetBlue ups its offer for Spirit Airlines as deadline approaches
Bidding war in the US for Spirit Airlines comes to a head this week, with JetBlue increasing its offer
JetBlue will launch London transatlantic services later this year (Credit: JetBlue)
JetBlue's bid for low cost carrier rejected
JetBlue’s attempt to buy Spirit Airlines looks to have failed
Is it time to start your own social media challenge?
Endacott invests in social media travel brand Trending Travel
Travel entrepreneur has injected ‘a substantial sum’ into the business
Mergers and acquisitions, M&A
Global travel M&A activity improves in Q1
A total of 289 mergers and acquisitions, private equity and venture financing deals were announced in the travel and tourism sector
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JetBlue makes surprise bid for rival US airline
JetBlue reveals plan to buy rival Spirit Airlines, trouncing bid by Frontier
Two new employees will join the agency in the coming weeks
Oasis Travel expands with acquisition of Travellers Secrets
The new store in Warrenpoint will become the Oasis brand’s seventh
Norad Travel Group has been acquired by Israeli firm Talma
Israeli firm acquires Howard Travel and Erne Travel parent
Talma Shlomo Travel Solutions Summit Advisory snaps up TMC Norad Travel Group, owner of leisure agencies Howard Travel in Trowbridge and Erne Travel in Enniskillen
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Hurtigruten Group acquires stake in Metropolitan Touring
The long-term investment sees the group take a 24.9% share in the company
Butlin's parent eyes move for Parkdean – reports
Butlin's parent eyes move for Parkdean – reports
Bourne Leisure and private equity investor Blackstone working on takeover bid for holiday park operator, The Times reports
Air Europa jet mid-flight
BA parent secures exclusivity on future Air Europa deal
IAG has agreed to loan Air Europa owner Globalia €100 million over seven years to ensure it remains in pole position to acquire the Spanish carrier