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Acquisition

Giant Deal to Sell easyJet for $7.5 Billion Goes Up a Notch. What Will Happen to the Brand?

US investment fund Apollo is moving forward with its acquisition of British airline easyJet, after the official deal document was published

"Milestone Moment for the Group and European Aviation": Lufthansa Welcomes TAP, Plans to Double Portugal Workforce

After the big announcement, Lufthansa Group has welcomed TAP Air Portugal, saying it expects its workforce in Portugal to grow from more than 500 to over 1,000 employees by 2030

One of the Trendiest Hotels in Athens Is Now Under Cypriot Control

Cypriot hotel and real estate group MHV is expanding its operations in Greece by acquiring the Moxy Athens City Hotel in Omonia Square

European Expansion: Brown Hotels Enters the Italian Hotel Market for the First Time

Brown Hotels is expanding into Italy for the first time with the acquisition of the company operating Amedia Milan, a four-star hotel near San Siro

Big Day in European Aviation: Major Airline Deal Finally Completed

Pegasus Airlines has announced it has completed the acquisition of Czech Airlines and Smartwings. Both brands will continue to operate separately

Huge Move: US Firm to Buy easyJet in £5.7 Billion Deal

easyJet has agreed to a recommended £5.7 billion takeover by Apollo-backed Bidco, with shareholders set to receive £7.15 per share in cash if the deal is approved

Allegiant Completes Major Sun Country Takeover, Creating One of the Largest Leisure-Focused Airline Groups in the U.S.

Allegiant finalizes its acquisition of Sun Country, creating a larger U.S. leisure airline with nearly 200 aircraft and 650 routes. The newly combined airline group will serve 175 cities and expand affordable leisure travel across the United States

Strategic Move: Icelandair On Track to Take Ownership of European Airline

The acquisition of 49% of an airline registered in Malta may allow the company to operate with an additional aviation license, expand charter operations and improve operational flexibility in the European market

Post Smartwings Acquisition: Pegasus CEO Announces New Chapter in European Aviation

Pegasus Airlines CEO, following the acquisition of the Czech airline for 154 million euros: "We didn’t start aviation in Türkiye, but we transformed it. And now, we’re ready to take the next step in our growth story"

More Than 4,000 New Jobs and a Host of Global Factories: Airbus Announces Giant Acquisition

The European aircraft manufacturer Airbus is acquiring Spirit AeroSystems, an American parts manufacturer that was formerly part of major competitor Boeing. 4,000 employees will join the company, while factories from North America to Europe will be part of the manufacturer

**IHG Expands Again: Acquires Its 20th Hotel Brand in a $116 Million Deal**

IHG Hotels & Resorts has acquired German hotel chain Ruby, with plans to expand the brand to over 120 hotels worldwide by 2030, including new markets in the USA and Asia

Now Its Official: Italian Flag Carrier ITA Airways Becomes Part of Lufthansa Group

Approved transaction of a capital increase of 325 million euros by Deutsche Lufthansa AG to ITA Airways completed: Lufthansa Group holds 41% of ITA Airways shares, expanding its offerings as the fifth airline in the network. Carsten Spohr: “We look forward to continuing the impressive success story of ITA Airways together"

Holiday Lines in an Important Strategic Move: Completes Purchase of 100% of TUS Airlines

The Israeli tourism company acquires 25% of the shares in the Cypriot airline TUS Airways from Global Wings and American businessman Kenneth M. Woolley. How much will the deal cost?

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