Qatar Airways will buy a 25% stake in Virgin Australia from U.S. private equity firm Bain Capital, posing a tougher contest for Qantas Airways that has dominated Australian routes and pushed back against giving access...
Alaska Airlines completes $1.9 billion acquisition of Hawaiian
Alaska Airlines said on Wednesday it had completed its $1.9 billion acquisition of Hawaiian Airlines after reaching an agreement with the U.S. Department of Transportation. The airlines on Tuesday agreed to maintain key...
Alaska Airlines, Hawaiian can close merger deal, DOT says
The U.S. Transportation Department said on Tuesday it had agreed to allow Alaska Airlines to close on its $1.9 billion acquisition of Hawaiian Airlines, after the carriers agreed to maintain key Hawaiian routes and...
Go First insolvency case: NCLT asks promoters to file reply on liquidation in 3 weeks
Corporate dispute tribunal NCLT has asked the suspended board of grounded airline Go First to file a reply within three weeks over the liquidation of the debt-ridded firm. A two-member bench of the Delhi-based National...
NCLT seeks Go First response on CoC decision to liquidate company
The National Company Law Tribunal (NCLT) on Tuesday issued a notice to the suspended management of grounded budget carrier Go First, seeking its response to the Committee of Creditors’ (CoC) decision to liquidate...
Centre okays Singapore Airlines’ FDI proposal for Air India-Vistara merger
In a boost to the Air India-Vistara merger, Singapore Airlines (SIA) on Friday said that it has received approval from the Government of India for foreign direct investment (FDI) in a deal with the Tatas, the airline...
2027-28 demerger in sight, Adani Group’s airport arm prepares for independent operations, CFO confirms
Adani Group is planning to demerge its airport business by the financial year 2027-28, according to Robbie Singh, Group Chief Financial Officer (CFO) of Adani Group, as reported by TOI. This announcement was made during...
IndiGo co-founder Rakesh Gangwal’s family trust sells stake in airline worth ₹9,549 crore
Rakesh Gangwal’s Chinkerpoo Family Trust sold a 5.24% stake in InterGlobe Aviation on Thursday, amounting to ₹9,549 crore through open market transactions. The trust divested over 2.02 crore shares of IndiGo...
Vistara-Air India Merger: Final FDI approval expected soon, merger likely after Diwali
The much-anticipated merger of Vistara into Air India is set to move forward with the final approval for foreign direct investment (FDI) from Singapore Airlines (SIA) expected as soon as Saturday. This approval will...
Go First creditors vote to liquidate airline
Creditors to Go First Airlines have unanimously voted to liquidate the carrier after almost a year of trying to find a buyer for the Wadia group-promoted company. A liquidation plea has been e-filed with the Delhi...
British Airways owner IAG scraps deal to acquire Air Europa
British Airways owner IAG terminated its proposed takeover of Spain’s Air Europa on Thursday, citing regulatory environment concerns, less than two months after it offered remedies to antitrust regulators to...
Alaska-Hawaiian Merger Decision Delayed to Mid-August
Antitrust enforcers looking into Alaska Air Group Inc.’s plan to buy Hawaiian Holdings Inc. will take more time to decide on the proposed $1.9 billion deal. The Justice Department and state attorneys general now have...
