Page 2

Mergers and Acquisitions

A collection of Skift’s articles covering a wide range of deals, from technology partnerships and acquisitions to those involving hotels, airlines, and booking sites. The articles provide a comprehensive resource for those interested in tracking the latest developments and trends in the rapidly evolving travel industry. Whether you’re a travel industry professional, investor, or simply a curious traveler, we hope you find this archive informative and useful. Browse our collection to stay up-to-date on the latest mergers and acquisitions in the travel industry.

Airlines

European Regulators Open Antitrust Probe Into a Korean Air-Asiana Combo

Routes between Barcelona, Frankfurt, Paris, Rome and South Korea have EU regulators concerned about competition. This three-year M&A saga finds itself with one more new chapter.

Foo Yun Chee, Reuters | 10 months ago

News Blog

Convene Buys UK Conference Provider Etc.venues for Reported $250 Million

U.S.-based meeting, event and office provider Convene has bought etc.venues, which now expands its footprint in the UK. Convene said the deal, announced on Wednesday, makes it the “largest provider of premium meeting and event venues in the U.S. and UK.” Terms of the deal were not disclosed, but according to reports is worth $246…

Matthew Parsons | 11 months ago

News Blog

United Airlines Takes $10.5 Million Stake in Affiliate Mesa

United Airlines took a nearly 10 percent stake in its regional partner Mesa Air Group in a deal unveiled after markets closed. The transaction is worth an estimated $10.5 million based on the closing price of Mesa's stock of $2.61 per share on Monday. The 4.04 million shares were issued as part of a larger…

Edward Russell | 11 months ago

Mergers and Acquisitions

Good and Bad M&A, According to Booking’s CEO

Today’s edition of Skift’s daily podcast looks at Booking CEO’s M&A philosophy, Zoom burnout, and a hotel brand bonanza.

Tom Lowry | 12 months ago

Mergers and Acquisitions

Booking CEO Fogel on Why Making No Deal Is Better Than the Wrong Acquisition

Mergers and acquisitions are sexy for shareholders, analysts and the press. Booking CEO Fogel knows, though, that sometimes the best decision is not overpaying and walking away from that shiny object.

Dennis Schaal | 12 months ago

Mergers and Acquisitions

How Did All Those Travel SPACs End Up Doing?

You win some, you lose some. As quickly as SPACs soared on the hype, they lost much of their luster just as quickly on Wall Street. Travel SPACs were definitely no exception. Take a look at the numbers.

Sherry Sun | 12 months ago

Airlines

Latin America Is the Future of the Airline Industry

No part of the world is seeing as many big changes to the airline business as Latin America. The final shape is still opaque, but one thing is clear for the region's aviation industry: All eyes are watching closely for how this transformation unfolds.

Edward Russell | 1 year ago

News Blog

WestJet’s Proposed Sunwing Deal Raises Competitive Concerns

Canada's Competition Bureau has potentially thrown cold water on WestJet's proposed purchase of leisure and tour competitor Sunwing Airlines. In its report Wednesday, the regulator said the deal "would likely result in increased prices, less choice and decreases in service for Canadians." It identified 31 routes between Canada and the Caribbean and Mexico where competition…

Edward Russell | 1 year ago

News Blog

TripAdd Acquires Chatbot Startup Eddy Travels to Boost User Recommendations

Eddy Travels, a digital travel assistant service founded by entrepreneur Edmundas Balcikonis, is being acquired by TripAdd, a New York-based travel product provider, a subsidiary of the Blue Ribbon Bags group, the world’s leading service for lost luggage tracking. TripAdd hopes to bolster revenues through personalized bundle recommendations for users. Financial details of the deal,…

Allison Armijo | 1 year ago

Airline Weekly

Air France-KLM and Delta Emerge Victors in Italy

European consolidation got a leg up last week, but not in the way many expected: Italian authorities named the offer from private equity firm Certares with Air France-KLM and Delta as their preferred bidder for ITA Airways instead of frontrunner the Lufthansa Group.

1 year ago