Tag: acquisition

Norwegian announces agreement to acquire Widerøe

Norwegian has entered into an agreement with WF Holding AS to acquire Widerøe, the major regional carrier in Norway. The agreement will provide customers with a broader route network and more choices. It will also contribute to securing local jobs in Norway. Widerøe will continue to exist as...

CMAC Group Expands Aviation Services to Netherlands with Latest Acquisition

CMAC Group has announced they have acquired Netherlands-based business, Airline Services & Accommodation Partner (A.S. & A.P.), to drive further value for its airline clients across Europe and beyond, as CMAC Group continues to deliver against its strategy through both organic and acquisitio...

SATS completes acquisition of Worldwide Flight Services

SATS Ltd. (“SATS”) today announced it has completed its acquisition of global air cargo logistics provider Worldwide Flight Services (“WFS”) for €1.3 billion (equivalent to approximately S$1.8 billion) from an affiliate of Cerberus Capital Management (“Cerberus”), representing an enter...

London Stansted grows to become the UK’s number one gateway to Europe

London Stansted is today marking the 10th anniversary of Manchester Airports Group’s (MAG) acquisition of the airport which opened up a new era in its history. Stansted was added to MAG's portfolio of Manchester and East Midlands airports on February 28, 2013, from Heathrow Airport Holdings for...

Seabury Securities Advises Malaysia Aviation Group in Acquisition of 20 A330neo Aircraft

Seabury Securities LLC (Seabury”) announced that the company’s Aviation team advised The Malaysia Aviation Group (“MAG”), the parent company of Malaysia Airlines, in the acquisition of 20 Airbus A330-900neo aircraft. Seabury served as MAG’s exclusive financial and fleet advisor for the ...

Alliance Ground International announces acquisition of Airport Terminal Services

Alliance Ground International (AGI) has acquired Airport Terminal Services (ATS) as part of its ongoing growth strategy across North America and into the passenger operations market. ATS has over 5,500 employees and offers full-range ground handling services, including passenger, ramp, and cargo ...

Agility completes £763 Million acquisition of Menzies Aviation

Agility completes £763 Million acquisition of Menzies Aviation

Agility, a supply chain services, infrastructure and innovation company, announced that it has finalized its acquisition of UK-based John Menzies PLC and will combine the business with its National Aviation Services (NAS) business to create a world leader in aviation services in 58 countries. Onc...

WestJet must ensure Sunwing acquisition won’t hurt Canadian jobs

Transport Canada and the Competition Bureau must consider that WestJet's acquisition of Sunwing may have a deep and negative effect on Canadian jobs, says Unifor, after filing a public interest submission to Transport Canada on Friday, July 22, 2022. "Unifor is concerned that, despite the promis...

Precision Aviation Group, Inc. (PAG) acquires Velocity Aerospace Group

Atlanta-based Precision Aviation Group, Inc. (PAG), a leading provider of products and value-added services to the Worldwide Aerospace and Defense industries has announced the acquisition of Velocity Aerospace Group (Velocity). Velocity is a leading provider of aviation maintenance, repair and o...

Havaş completes acquisition of Zagreb handling company

Havaş, a TAV Airports and Groupe ADP company, began providing services in Zagreb, the capital city of Croatia. Operating at 29 airports in Turkey, Havaş extended its global reach to Zagreb in addition to Riga, Latvia. With the agreement signed today, Havaş took over passenger, ramp, represe...

Frontier Airlines acquire rival Spirit Airlines

Frontier Airlines acquire rival Spirit Airlines

Spirit Airlines, Inc. and Frontier Group Holdings, Inc., parent company of Frontier Airlines, Inc., today announced a definitive merger agreement under which the companies will combine, creating America’s most competitive ultra-low fare airline. Together, Frontier and Spirit expect to change t...

Fly Leasing shareholders approve acquisition by Carlyle Aviation

Fly Leasing Limited announced today that it has received shareholder approval to be acquired by an affiliate of Carlyle Aviation Partners, the commercial aviation investment and servicing arm within Carlyle's $59 billion Global Credit platform. Approximately 99.9% of the votes cast at the specia...

GOL To Acquire Brazilian Airline MAP Transportes Aéreos

GOL To Acquire Brazilian Airline MAP Transportes Aéreos

GOL Linhas Aéreas Inteligentes S.A., Brazil's largest domestic airline, today announces it has entered into an agreement to acquire MAP Transportes Aéreos Ltda., a Brazilian domestic airline with flight routes to regional destinations and São Paulo's Congonhas Airport. The acquisition reflects...

Amendment Agreement for the Acquisition of Air Europa

Amendment Agreement for the Acquisition of Air Europa

International Airlines Group ("IAG") and Globalia has announce that they have amended the original agreement announced on 4 November 2019 (the “Original Agreement”) under which IAG's subsidiary, Iberia, has agreed to acquire the entire issued share capital of Air Europa (the “Amendment Agreeme...

Intelsat Completes Acquisition of Gogo Commercial Aviation

Intelsat today completed its acquisition of the Commercial Aviation business of Gogo, creating the world’s leading provider of inflight broadband connectivity to the commercial aviation industry. The closing of the $400 million cash deal brings together two complementary enterprises — the wo...

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