Korean Air closes deal for Asiana takeover, acquiring 63.88% ownership stake
Korean Air has closed its acquisition of Asiana Airlines, four years after announcing its intent to takeover on…
acquisition
21 articles
Learn about major acquisitions in the aviation sector, shaping the industry’s landscape.
JetBlue and Spirit end plans to challenge ‘Big 4’ US airlines with merger
JetBlue Airways and Spirit Airlines have announced they will no longer pursue a merger that they hoped would…
Qantas terminates plans to fully acquire charter operator Alliance Aviation
Qantas announced that it is terminating its deal with Alliance Aviation to fully take over the charter operator…
Aerojet Rocketdyne joins L3Harris Technologies, bolstering propulsion portfolio
L3Harris Technologies has successfully finalized its $4.7 billion acquisition of Aerojet Rocketdyne, forming a fourth business segment at…
Australian regulator opposes Qantas’ acquisition of Alliance Airlines
The Australian Competition and Consumer Commission (ACCC) has blocked Qantas’ bid to acquire a 100% stake in mining…
Will bidders lose patience with Italy asking for revised bids for ITA Airways?
Italy has asked investors interested in ITA Airways to come up with better bids for the Italian airline,…
Atlas Air to be acquired for $5.2B by group led by investment firm Apollo
Air-freight company Atlas Air Worldwide Holdings Inc. announced that it will be acquired by an investor group led…
Apollo-led investors consider acquisition of Atlas Air: WSJ
A group of investors led by US-based investment management firm Apollo Global Management is considering the purchase of…
SMBC Aviation buys Goshawk in $6.7 billion deal amid pandemic recovery
Lessor SMBC Aviation Capital is buying smaller rival Goshawk Aviation in a deal worth $6.7 billion, which will…
Colombia’s Avianca, Brazil’s GOL team up in Latin America consolidation drive
Days after announcing plans to merge with Viva, Colombia’s Avianca (AVHOQ) has set out another deal with Brazil’s GOL…
Will IAG buy Air Europa after all? New deal on loan, exclusive talks
IAG is keeping alive efforts to buy Spain’s Air Europa. The owner of British Airways and Iberia has…
Textron buys electric aircraft maker Pipistrel for new sustainable aircraft unit
Textron, maker of Cessna and Beechcraft aircraft, is buying European electric aircraft company Pipistrel, hoping to boost its…
VistaJet acquires rival Air Hamburg amid business aviation boom
Business aviation company VistaJet is buying European rival Air Hamburg in a deal that is expected to boost…
El Al approves non-binding deal to buy smaller rival Arkia
Israeli flag carrier El Al Airlines has agreed a non-binding deal to buy smaller carrier Arkia. The airline…
A new chapter for Air India with official handover to Tata Group
Air India is returning home. The loss-making airline will be formally taken over by conglomerate Tata Group on…
Lufthansa and MSC seek a majority stake in ITA Airways
ITA Airways has received an expression of interest (EOI) from German airline Lufthansa (LHAB) (LHA) and shipping and…
IAG terminates $1.1B Air Europa deal, but considers alternatives
IAG has terminated a planned agreement to purchase Spanish airline Air Europa, and is instead looking at other…
A turbulent deal. IAG confirms advanced talks to end Air Europa purchase
IAG looks set to scrap its planned acquisition of Spanish airline Air Europa. The airline group announced on…