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Mergers and acquisitions

Newmarket secures investment from CEO to boost recovery
Niel Alobaidi, who joined the escorted touring specialist from Emirates Holidays in 2019, becomes the operator’s first new shareholder for nearly 40 years
Consortium including cricketer Pietersen acquires luxury operator
Savile Row Travel bought by consortium with expansion plans
US airline merger to combine budget brands
Frontier Airlines and Spirit Airlines in planned merger
Former British Airways boss 'to run Air India' after privatisation
Alex Cruz tipped for top job at Air India following privatisation
CMA puts brakes on National Express-Stagecoach merger
Competition watchdog calls in deal outlined in December, which would see National Express acquire rival Stagecoach
Murray Travel launches new luxury branch in Elgin
The Scottish luxury travel firm said the move comes in a bid to ‘maintain travel jobs’
Avventura Group acquires Uttoxeter-based agency
Luxury specialist to establish high street presence with deal for Journeys a la Carte
Broadway Travel's new owner to invest in technology
Call centre agency and sister firm, bed bank Beds With Ease, snapped up by private investor
Domestic holidays specialist sold to its managers
Travel Chapter seeks next development after MBO and acquisitions spree
SAA denies merger talk with Kenya Airways

The idea was floated by Kenya president Uhuru Kenyatta during his new year address.

He was reported as saying Kenya Airways “will join hands with partners in South Africa to establish a pan-African airline, with unmatched continental reach and global coverage.”

Both airlines are loss-making, with SAA having undergone a huge restructuring last year.

South Africa’s News24 quoted an SAA spokesperson who said the two brands would “operate independently”.

IAG shelves bid to acquire Spain's Air Europa
BA parent pulls out of cut price-deal for Latin America and Caribbean specialist carrier
Cash injection to unlock Celestyal's 'full potential'
Greek line eyes fleet growth and renewal after announcing new strategic investment
Etihad Holidays acquired by Abu Dhabi tourism company
The Abu Dhabi National Exhibitions Company (ADNEC) has taken over the operator
Competition watchdog to probe IAG's Air Europa deal
Competition and Markets Authority to investigate with BA parent’s €500 million (£420 million) cut-deal for the Spanish carrier would harm competition in the UK
Ski Elements acquires Flexiski from Inghams parent Hotelplan
Short ski break specialist to sit alongside SkiWeekends brand in Ski Elements portfolio
Great Little Breaks team completes management buy-out
UK specialist plans to launch European city breaks following MBO
Stagecoach extends deadline for National Express deal
Talks ongoing over potential acquisition
Accor adds Mondrian and Delano brands with Ennismore deal
Accor Hotels seals Ennismore acquisition, adding 14 brands.
Click Travel parent acquires sustainability consultancy Susterra
TravelPerk said Susterra would help businesses improve their carbon efficiency, reduce costs, and achieve their sustainability goals
National Express in merger talks with Stagecoach
Coach brand looks to combine with bus operator
EasyJet rejects takeover approach as it looks to raise £1.2bn
Low-cost airline said “unsolicited” approach had undervalued the company
TravelSupermarket and Icelolly seal merger
Online travel retailers join forces to form Ice Travel Group
Bounce back in travel M&A activity stalls as restrictions endure
M&A activity down nearly 7% in July, according to GlobalData, after June uptick
Leger Shearings chief: 'Agents can help us be number one'
Liam Race reflects on the "big gamble" acquisition a year on and discusses future expansion