October 22, 2024 9:38 pm ET
August 20, 2024 9:23 am ET -
Alaska-Hawaiian Deal Moves Forward Without DOJ Intervention
The Department of Justice (DOJ)'s deadline to review the proposed merger between Alaska Airlines and Hawaiian Airlines expired early Tuesday morning, allowing the acquisition to move forward. The deal, valued at approximately $1.9 billion, will combine two of the largest…
July 8, 2024 11:29 am ET -
Garuda Indonesia Moves Forward With Pelita Air Merger
The CEO of Indonesia’s flag carrier has confirmed that the airline will continue with the planned merger with Pelita Air. This would transform both airlines into a state-owned company, known by many as InJourney. This move can only happen once…
July 3, 2024 11:23 am ET -
E.U. Commission Green Lights Lufthansa’s ITA Airways Takeover
The European Commission has given its approval for Lufthansa's acquisition of a 41% stake in Italy's ITA Airways. The deal, valued at €325 million, is part of Lufthansa's strategy to strengthen its position in the global aviation market. The transaction…
June 13, 2024 8:55 am ET -
Why the Airline Industry Isn’t a ‘Rigged Game’
Spirit isn’t doing well. The financially ailing airline never quite recovered from the pandemic, losing millions each quarter. After losing out on a $3.8 billion merger deal with JetBlue, long-time CEO Ted Christie has been rather vocal on back-to-back earnings…
March 6, 2024 11:00 am ET -
12 Years Ago: A Look Back at the United-Continental Merger
The airline industry is well-known for being cutthroat and competitive, where there are turbulent times and moments of success and profitability. Air carriers have come and gone as those transitions transformed the physical nature of the business, and new trends…