NEWSSep 18, 2024Alaska-Hawaiian Merger Given Go-Ahead by U.S. DOTArticle covering the dot giving alaska and hawaiian the go-ahead to merge. Also discussed are the contingencies of the approval.Read More →
NEWSMar 06, 2024Azul Working With Investment Banks in Potential Takeover of Bankrupt Rival GolAzul Linhas Aéreas (Azul) is contemplating a takeover of Gol Linhas Aéreas Inteligentes (Gol) after Gol filed for bankruptcy in January. Both Brazilian-based budget carriers have experienced difficult economic setbacks since the initial outbreak of the COVID-19 pandemic. Read More →
NEWSFeb 28, 2024Korean Air Will Give Three Airbus A350 Planes to T'way AirThe proposed merger between Korean Air and Asiana Airlines requires a solution to prevent the combined carrier from having a monopoly in South Korea's aviation market. One solution suggested was to supply T'way Air, a South Korean low-cost carrier (LCC), with five Airbus A330-200s from the Korean Air fleet. However, reports indicate that Korean Air is considering giving three Airbus A350-900s from the Asiana fleet once the merger is complete.Read More →
INFORMATIONALFeb 20, 2024What Can JetBlue Expect After Activist Investor Carl Icahn Acquired a 10% Stake in the Airline?Activist investor Carl Icahn has taken a 10% interest in JetBlue by purchasing 33.6 million shares of its stock in January and February. His investment has caused a more than 18% rise in the prices of JetBlue stock, a phenomenon known as the Icahn Rise. There are several possible reasons for Icahn taking a stake in JetBlue, ranging from a simple profit-taking opportunity to long-term airline control.Read More →
NEWSFeb 17, 2024Hawaiian Airlines Shareholders Approve Proposed Acquisition by Alaska AirlinesHawaiian Airlines shareholders voted to approve the merger with Alaska Airlines on February 16. Although the deal remains subject to regulatory approvals, it is expected to be completed between 12 to 18 months. Under the merger, Alaska Airlines will acquire Hawaiian Airlines for $1.9 billion. Read More →
NEWSFeb 14, 2024European Union Approves Korean Air's $1.4 Billion Acquisition of Asiana AirlinesA merger between South Korea's two largest airlines, Korean Air and Asiana Airlines, has been under discussion for several years. After uncertainty over the merger's status, news emerged showing that progress is continuing. On February 13, the European Commission approved Korean Air's acquisition of Asiana Airlines, providing another green light for the merger.Read More →
NEWSJan 18, 2024Hawaiian-Alaska Merger Halted Amid Lawsuit by Company ShareholderIn December, Alaska Airlines announced plans to merge with Hawaiian Airlines. If this merger were approved, the airlines of the 49th and 50th U.S. states would join forces, albeit remaining separate entities. Despite this, a Hawaiian Airlines stakeholder filed a lawsuit against the merger to prevent it from proceeding.Read More →
NEWSJan 16, 2024Federal Judge Blocks $3.8B Acquisition of Spirit Airlines, Stock Plummets 61% A Federal Judge blocked the acquisition of Spirit Airlines by JetBlue, a merger that would have produced the fifth-largest airline in the United States. The ruling by District Judge William Young from Boston cited antitrust laws, saying the merger "does violence to the core principle of antitrust law: to protect the United States' markets -- and its market participants -- from anticompetitive harm."Read More →
NEWSJan 18, 2023Lufthansa Places Bid to Acquire ITA AirwaysLufthansa has announced that it will offer to acquire a stake in the struggling Italian flag carrier, ITA Airways. This comes during a time of unprecedented industry-wide airline consolidations in the post-pandemic state of the industry.Read More →
INFORMATIONALMay 17, 2022JetBlue: The Carrier Without A Merger PartnerJetBlue Airways, during the last few decades, has continued to grow across the United States and beyond. However, this growth comes despite two failed attempts to merge with other low-cost carriers.Read More →
