Airlines Merger News

Flying or Falling? The Future of the Global Aviation Industry

Flying or Falling? The Future of the Global Aviation Industry

27th Jul 2011 Focus

While perhaps the most global of industries, aviation has failed to create a truly global airline. But with rising fuel costs, falling prices and natural disasters all taking a toll, the crunch for legacy carriers across the globe is fast approaching. Here Breaking Travel News looks at the various strategies open to airlines as they seek to survive.

EU approves United and Continental merger

EU approves United and Continental merger

28th Jul 2010 Airline News

The European Commission has granted unconditional approval to the proposed merger of United Airlines and Continental Airlines. U.S. authorities will need to grant final approval for the creation of what would become the world’s largest airline.

AA-BA-Iberia tie-up cleared for take off

AA-BA-Iberia tie-up cleared for take off

21st Jul 2010 Airline News

The controversial transatlantic tie-up between American Airlines, British Airways and Iberia has won final approval from the US Department of Transport, some 14 years after it was first proposed. The three carriers will now be able to jointly set prices, sell tickets and schedule flights through their Oneworld alliance.

EU approves AA-BA-Iberia tie-up

EU approves AA-BA-Iberia tie-up

14th Jul 2010 Airline News

The European Commission has cleared for take-off the three-way transatlantic tie-up between American Airlines, British Airways and Iberia. The airlines are expected to start co-ordinating schedules and pricing from the autumn, subject to final approval from the US Department of Transport.

Iberia and BA formalise merger structure

Iberia and BA formalise merger structure

1st Jul 2010 Airline News

British Airways and Iberia have formally agreed upon their corporate structure partnership, in the latest sign that the merger of the two flag carriers is on schedule for completion by this December.

Branson eyes Virgin Atlantic merger

Branson eyes Virgin Atlantic merger

25th May 2010 Airline News

Sir Richard Branson has hinted that merging Virgin Atlantic with another carrier might be the only way to allow his airline to compete with the likes of United, Lufthansa and British Airways.

BA and Iberia seal £5bn merger

BA and Iberia seal £5bn merger

8th Apr 2010 Airline News

British Airways and Iberia have sealed their long-awaited merger, which will see the two flag carriers integrate operations by the end of the year. They are expected to save up to £350 million annually from the £5bn deal, and will trade as a holding company called International Airlines Group.

BA and Iberia miss merger deadline

BA and Iberia miss merger deadline

3rd Apr 2010 Airline News

British Airways’ merger with Iberia will not take place in the first quarter of this year as planned because of “technical issues”. However BA has quashed speculation that this was due to the disruption caused by the cabin crew strikes.

Air China takes over Shenzhen

Air China takes over Shenzhen

22nd Mar 2010 Airline News

Air China has revealed plans to take over Shenzhen Airlines in a move that would bring the majority of China’s aviation sector under the control of just three state-controlled carriers. The $100m deal would also strengthen the flag carrier’s foothold in the south of China.

Russian aviation poised for radical overhaul

Russian aviation poised for radical overhaul

4th Feb 2010 Airline News

Russia’s troubled aviation market is poised for a radical overhaul after the government approved plans to merge six state-owned airlines into its flagship carrier Aeroflot. The green light from Prime Minister Vladimir Putin will boost Aeroflot’s share of the domestic market from 15 per cent to up to 35 per cent.