Category: Mergers/Finance

The Great Thomas Cook Repatriation Begins, But Then What?

Going bankrupt in the United Kingdom is a whole lot different than in the US. Had Thomas Cook been based here, it would have most likely filed for Chapter 11 bankruptcy protection and tried to reorganize while still flying. But Thomas Cook is a UK company, and that means that …

Surf Air Acquisition of RISE Kicks Off Big Expansion Plans

There was a big merger announcement last week, though admittedly it’s one you might have missed. Caifornia-based Surf Air came to an agreement to acquire RISE, a similar operation in Texas. There’s a good chance you still have no idea what I’m talking about. These aren’t large companies, and unless …

US Airlines are Competing Fiercely and Wall Street Doesn’t Like It

Airlines have been releasing their quarterly earnings reports over the last couple of weeks, and the results have been downright excellent. They’re all making money hand-over-fist, but not everyone is pleased. Wall Street, in fact, is not happy that the airlines are actually trying to compete with each other. That’s …

The Irish Government Wisely Agrees to Let IAG Buy Aer Lingus

Ohayou gozaimasu, everyone! I’m back from a week in Japan and it was fantastic. Stay tuned for trip reports in business class on an ANA 787 and Suites class on a Singapore A380. Both were excellent, as you’d probably expect. But those aren’t ready yet. For now, let’s get back …

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