Written by Seth Miller @ Wandering Aramean
Intelsat will purchase the Commercial Aviation business from Gogo for a “headline” price of $400 million. Intelsat’s attorney’s announced the deal as part of a hearing at the US Bankruptcy Court this afternoon.
The post Intelsat to buy Gogo Commercial …
Category: merger
Intelsat to buy Gogo Commercial Aviation for $400 million
Written by Seth Miller @ PaxEx.Aero
Intelsat will purchase the Commercial Aviation business from Gogo for a “headline” price of $400 million. Intelsat’s attorney’s announced the deal as part of a hearing at the US Bankruptcy Court this afternoon.
The post Intelsat to buy Gogo Commercial …
Intelsat emerges as leading contender for Gogo’s Commercial Aviation business
Written by Seth Miller @ PaxEx.Aero
We could learn the fate of Gogo’s Commercial Aviation (CA) business by the end of the month, assuming some details in a recent Intelsat bankruptcy filing play out. The latter filed for approval to increase its Debtor-in-Possession (DIP) funding as part…
Two Airlines Merging Operations In Hawaii
Written by SharonKurheg @ Your Mileage May Vary
Two of Hawaii’s largest commuter airlines have announced that they’ve agreed to merge operations. Makani Kai Air has been in operation since 1994; Mokulele Airlines since 1998. Until the advent…
The post Two Airlines Merging Operation…
DLD 293: Turn around or a turnaround??
Written by Seth Miller @ Wandering Aramean
An airport closes, possibly forever. Another was already closed when the plane showed up. And airlines are still planning their financial turnarounds as demand starts to creep higher.
The post DLD 293: Turn around or a turnaround?? appeared first on Wa…
DLD 293: Turn around or a turnaround??
Written by Seth Miller @ Dots, Lines & Destinations
An airport closes, possibly forever. Another was already closed when the plane showed up. And airlines are still planning their financial turnarounds as demand starts to creep higher.
Past the bottom: Gogo sees demand returning and a potential to sell
Written by Seth Miller @ PaxEx.Aero
January and February 2020 showed great promise for Gogo. New aircraft installations continued, particularly of the company’s 2Ku offering for commercial aircraft. And then the bottom fell out.
But the company sees a rebound on the horizon, and also po…
IAG snaps up Air Europa to boost Latin American operations
Written by Seth Miller @ Wandering Aramean
Putting the brakes on Air Europa’s SkyTeam participation is part of the expected outcome from today’s announcement of an IAG acquisition (via Flickr/CC BY-SA 2.0) Consolidation continues in the global aviation market, this time delivering a…
IAG snaps up Air Europa to boost Latin American operations
Written by Seth Miller @ PaxEx.Aero
Consolidation continues in the global aviation market, this time delivering a shift in transatlantic services. International Airline Group announced this morning its intentions to buy Air Europa. The Spanish carrier will become part of the Iberia opera…
Air Canada ups its bid for Transat by 38%
Written by Seth Miller @ Wandering Aramean
Air Canada’s C$13/share offer for competitor Transat faced a tough challenge. A C$5 boost in the offer price appears to have changed the situation sufficiently to secure the deal.
The post Air Canada ups its bid for Transat by 38% appeared first on Wan…
Air Canada ups its bid for Transat by 38%
Written by Seth Miller @ PaxEx.Aero
Air Canada’s C$13/share offer for competitor Transat faced a tough challenge. A C$5 boost in the offer price appears to have changed the situation sufficiently to secure the deal.
The post Air Canada ups its bid for Transat by 38% appeared first on Pax…
Virgin Atlantic acquisition of Flybe approved
Written by Seth Miller @ Wandering Aramean
Flybe’s absorbtion into the Virgin Atlantic family receive final approval from the European Commission last week, with conditions applied. At least one competitor will be disappointed at just how limited the conditions are.
The post Virgin Atlantic acq…
Virgin Atlantic acquisition of Flybe approved
Written by Seth Miller @ PaxEx.Aero
Flybe’s absorbtion into the Virgin Atlantic family receive final approval from the European Commission last week, with conditions applied. At least one competitor will be disappointed at just how limited the conditions are.
The post Virgin Atlantic acq…
Air Canada, Transat conclude merger plans
Written by Seth Miller @ Wandering Aramean
Air Canada’s plans to acquire Air Transat moved forward this week, with the two companies announcing conclusion of a definitive agreement for their combination.
The post Air Canada, Transat conclude merger plans appeared first on Wandering Aramean.
Air Canada, Transat finalize merger plans
Written by Seth Miller @ PaxEx.Aero
Air Canada’s plans to acquire Air Transat moved forward this week, with the two companies announcing conclusion of a definitive agreement for their combination.
The post Air Canada, Transat finalize merger plans appeared first on PaxEx.Aero.
Raytheon, United Technologies plan massive merger
Written by Seth Miller @ PaxEx.Aero
A massive aerospace company with the power to negotiate against aircraft manufacturers is the goal for Raytheon and United Technologies as they announced a blockbuster merger deal over the weekend.
The post Raytheon, United Technologies plan massive me…
Choose your own adventure: Air Transat edition
Written by Seth Miller @ PaxEx.Aero
Air Transat has a C$40 million decision to make. And far more than just investors will be affected. The company’s future will look significantly different, depending on which path it chooses.
The post Choose your own adventure: Air Transat edition appe…
Air Canada to acquire Air Transat
Written by Seth Miller @ PaxEx.Aero
Air Canada wants to buy its LCC competitor Air Transat in a half billion dollar deal. But can it get past the regulatory hurdles along the way??
The post Air Canada to acquire Air Transat appeared first on PaxEx.Aero.
Indigo walks from WOW Air
Written by Seth Miller @ PaxEx.Aero
How many chances does WOW Air get to survive? Indigo Partners walked away this week, leaving significant uncertainty over the future of the carrier. Further clarity is expected by Monday.
The post Indigo walks from WOW Air appeared first on PaxEx.Aero.
Bonds remain a sticking point for WOW’s future
Written by Seth Miller @ Wandering Aramean
Can $75 million in loans and direct investment save WOW Air? That’s the amount Indigo Partners appears set to invest, with a lot of strings attached. Interim cuts might keep the carrier alive while it waits to learn of its future.
The post Bonds remain…