The Business of Passenger Experience
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 possible a merger.
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 operation within IAG though remain an independent brand, at least to start. The deal is valued at 1 billion euro and full integration is expected by 2025.
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.
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.
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.
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.
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.
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??
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.
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.
