Tag: takeover
Disney Cruise Line: Fall 2020 tropical destinations
In fall 2020, Disney Cruise Line will enchant guests of all ages with Halloween and winter holiday celebrations on sailings departing from New York, California, Texas and Florida. The 2020 fall season offers a range ... Read More
Bugoma Forest must remain, says Uganda’s President, but conservationists not celebrating just yet
Following a sustained campaign over a court ruling to lease Bugoma Forest to Hoima Sugar Works last month, Uganda President Museveni has pronounced that Bugoma Forest must remain. This follows ... Read More
Union: WestJet sale leaves frontline staff exposed
Unifor will continue to stand up for frontline WestJet workers as the airline is sold to Onex Corporation, a takeover specialist with a long history of cost cutting and restructuring ... Read More
Wynn Resorts ends takeover talks with Australia’s Crown Resorts
Wynn Resorts released the following statement today: "Following the premature disclosure of preliminary discussions, Wynn Resorts has terminated all discussions with Crown Resorts concerning any transaction." Shares of Melbourne-based Crown ... Read More
‘Unnecessary and potentially damaging’: TSA union opposes Atlanta Airport legislation
Yesterday, over the opposition of the Atlanta City Council, Atlanta community groups, and the nation's largest federal employee union, the Georgia State Senate voted to pass SB 131 – the ... Read More
Strike at Nairobi International airport to protest Kenya Airways
A Kenya workers union doesn't want Kenya Airways' taking over Jomo Kenyatta International Airport (JKIA). Kenya Aviation Workers Union (KAWU) will go on strike in the next seven days, saying ... Read More
Zimbabwe: A genocide in progress? Should Tourists Leave?
Foreign tourist should leave Zimbabwe. After a violent crackdown Tuesday night, a scary calm is returning to portions of Zimbabwe This may not be a constant situation. "Zimbabwe is open for ... Read More
CNMI: U.S. Immigration rules about to destroy tourism on a remote Island territory
Yes, it's part of the United States of America, but it's 10 time hours and more than 20 hours travel time away from the U.S. Capital Washington DC. Read More
Ryanair bids for rival Aer Lingus again
The budget airline Ryanair has launched another attempt to buy its biggest Irish rival Aer Lingus. Read More
Marriott says takeover of EDITION Hotel Waikiki illegal
BETHESDA, Md.- The takeover of the EDITION Hotel Waikiki early Sunday morning by the hotel's owner and affiliated partners was illegal and a blatant violation of Marriott's contractual agreement with Read More
LAN’s takeover of Brazilian Tam possible this year
Chilean airline LAN's takeover of Brazil's TAM could be completed by the end of this year, chief operating officer Ignacio Cueto said. Read More
UK tourism industry poised for Middle Eastern takeover
Some of the United Kingdom’s most high-profile travel and tourism brands could be purchased by wealthy Middle Eastern businessman, predicts the WTM Global Trends Report today (Monday 8 November). Read More
Aviation news: EU court blocks Aer Lingus takeover by Ryanair
LUXEMBOURG - Irish low-cost airline Ryanair Holdings PLC Tuesday lost its court battle with the European Commission over whether it can take over rival Aer Lingus Group PLC. Read More
Air Berlin approved to takeover TUIfly city route sector
The German Federal Cartel Office has decided that Air Berlin will be allowed to take over the city flights network of the Hapag-Lloyd Fluggesellschaft mbH (TUIfly) airline, starting with the ... Read More
Lufthansa completes takeover of Austrian Airlines
FRANKFURT - German flagship airline Deutsche Lufthansa AG has concluded its takeover of Austrian Airlines AG, the airline said Thursday. Read More
Lufthansa given the go-ahead to takeover Austrian Airlines
The European Commission (EC) approved today the takeover of Austrian Airlines by Deutsche Lufthansa AG of Germany after Lufthansa promised a set of remedies to remove the EC's competition concerns. Read More
China Eastern to merge with Shanghai Airlines through a shares swap
China Eastern Airlines Corp., releasing details of its agreed takeover of Shanghai Airlines Co., offered about 9 billion yuan ($1.3 billion) as it seeks to dominate air travel in the ... Read More
EU not likely to approve Lufthansa takeover of Austrian Airlines
European Union regulators charged Friday that Lufthansa AG has not done enough to allay antitrust concerns over its bid for Austrian Airlines, and they are now unlikely to approve it ... Read More
EU will open in-depth probe of Lufthansa’s Austrian Airlines takeover
FRANKFURT - Deutsche Lufthansa AG said Wednesday the European Commission will start an in-depth anti-trust probe into Lufthansa's planned takeover of Austrian flag carrier Austrian Airlines AG. Read More
Lufthansa closes in on Austrian Airlines takeover
VIENNA — More than 85% of Austrian Airlines' shareholders have accepted a public takeover offer by Germany's Lufthansa AG, the struggling carrier said Tuesday. Read More
Feds begin post-9/11 airline watchlist takeover
The federal government is finally beginning to take over the job of comparing U.S. Read More
EU probes Lufthansa Brussels Airlines deal
BRUSSELS, Belgium — The European Union is investigating whether the proposed takeover of Brussels Airlines by Germany's Lufthansa AG impedes fair and open competition in the airline sector. Read More
Argentine Senate approves takeover of airline
BUENOS AIRES, Argentina — Argentina's Senate has given final legislative approval to a government takeover of Spanish-owned Aerolineas Argentinas. Read More
Estonian ferry group denies airline takeover plan
Tallinn - Tallink Group, an Estonian operator of ferries in the Baltic Sea denied press reports Monday that it is preparing to take to the skies as well as the ... Read More
BMI takeover could lead to a full-scale German raid
In a hotel conference room in Tokyo, the heads of some of the world’s biggest airlines - Lufthansa, United, All Nippon and SAS - were discussing their biggest headache. Read More
Argentina airline takeover drains cash
BUENOS AIRES, Argentina - Argentina's nationalization of a struggling, Spanish-owned airline brings costly responsibilities that could drain public resources and force fare hikes unless oil prices fal Read More
French airline Air France-KLM’s Alitalia takeover bid breaks down
The Alitalia takeover bid by French airline Air France-KLM broke down and the Italian company are now holding an emergency board meeting. Alitalia chairman Maurizio Prato has resigned after the ... Read More
Italian police clash with airline workers protesting Alitalia takeover
Italian riot police and several hundred Alitalia Airline maintenance employees have clashed in Rome as workers protested job losses threatened by the Airline's pending sale to Air France-KLM. Read More
Alitalia board approves Air France-KLM takeover deal
ROME — The board of Alitalia after a marathon meeting approved early Sunday a formal takeover offer put forward by Air France-KLM, placing a very low value on the struggling ... Read More