Thursday, August 1, 2013

Etihad Moves Forward on Acquisitions of Jet, JAT

A pair of significant expansionary moves for Etihad Airways this week, winning a key approval for its acquisition of 24 percent of India's Jet Airways and announcing today it will purchase a 49 percent stake in Serbia's JAT Airways.

August 1, 2013 | Permalink | Comments (0) | TrackBack (0)

Monday, July 29, 2013

European Commission Reportedly Set to Approve US/AMR Merger

Reuters is reporting that the European Commission will not block the proposed merger between American Airlines and US airways. The Commission is expected to formally announce its decision next week. The news is not a surprise. The linked article mentions that the carriers are surrendering slots at Heathrow and Philadelphia International Airport, filling in some details about the concessions the carriers offered EU regulators earlier this month. 

July 29, 2013 | Permalink | Comments (0) | TrackBack (0)