Tag: joint ventures
Airlines: EU takes aim at takeovers
While consolidation of the European airline industry seems to be the inevitable direction of history, the EU (but not only the EU) seems intent on strictly checking any potential infringement of competition and thus protecting the consumer. The first...
Joint Venture between Delta, Air France, KLM and Virgin Atlantic takes off
It's official, the joint venture between Delta Airlines, Air France, KLM and Virgin Atlantic took off this week.
Until now, there was a joint venture between Delta and Virgin and another between Delta, Air France, KLM and Alitalia. Remember that...
Virgin Atlantic no longer wants Air France-KLM
While Air France was supposed to take a 31% stake in Virgin Atlantic in the coming months in a three-way game involving Delta Airlines and China Easter, Richard Branson has just announced that he is no longer selling.
Why such...
IAG acquires Air Europa…and it’s much bigger than it soundsAG rachète Air Europa…et c’est beaucoup plus important que ça en a l’air
Yesterday we talked about Lufthansa's renewed interest in Alitalia and the huge impact this would have on the battle for leadership in Europe and for the big alliances.
Only a few hours after writing this article a bomb fell, real...
Will Delta leave Skyteam?
Delta's CEO, Ed Bastian, struck a blow about ten days ago by telling Bloomberg that the Skyteam alliance of which the airline is a member, "has not 'added much value to customers... to member airlines." and that the American...
Alitalia: the suspense continues
We thought Alitalia was finally saved and well it seems that it is not the case!
The set-up which consisted in the nationalization of the airline with the entry of Delta in its capital seemed to be definitively validated but...
Will Skyteam become DeltaTeam?
Delta Airlines has announced a 4.3% stake in Hanjin KAL, the parent company of Korean Air. A small investment to strengthen ties with the South Korean carrier with which it set up a joint venture last year? Yes...but not...
Delta and EasyJet not so sure about Alitalia
Delta and EasyJety, the announced buyers of Alitalia, no longer seem to be in such a hurry to close the deal.
While everything was supposed to be completed this month with Delta and Easyjet taking over 49% of Alitalia's capital...
Code-sharing between Air France, Virgin Atlantic, Delta and KLM: finally!
All good things come to those who wait, and in this case, it didn't take long after the competition authorities gave their approval for Air France-KLM to take a stake in Virgin Atlantic for the codeshare to be announced.
The...