Latest in Airline Merger
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Frontier Group and Spirit Airlines Talk Possible Merger
Despite a failed deal years ago, the pair are in talks on another possible merger.Inc. - 8h -
Frontier Airlines Offers to Buy Spirit Airlines, Again
Spirit, which filed for bankruptcy protection last year, says it has rejected the new Frontier overture but would be open to a higher offer.The New York Times - 22h -
Create Worlds arises from Wonderland and Robot Invader merger
Wonderland and Robot Invader have merged to form a new company called Create Worlds, focused on web gaming.VentureBeat - 1d -
American Airlines flight collides with helicopter in Washington, D.C.
The FAA has confirmed that an American Airlines regional jet collided with a Black Hawk helicopter near Reagan National Airport in Washington, D.C. Emergency officials say they're coordinating a ...NBC News - 13h -
American Airlines flight collides with helicopter in Washington DC
It came down in the Potomac River, officials say, and search and rescue boats have been deployed to the area.BBC News - 14h -
Court blocks airline service fee disclosure rule
An appeals court blocked the Biden administration’s rule that required airlines to disclose upfront their service fees. The court said Tuesday that the Department of Transportation (DOT) failed to ...The Hill - 22h -
Perplexity AI proposes TikTok merger with 50% U.S. government stake
Perplexity is seeking to create a new $300-billion public company with TikTok's U.S. business and include investments from other investors.CBS News - 3d -
Perplexity AI revises Tiktok merger proposal that could give the U.S. government a 50% stake
A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a new U.S. holding company, "NewCo."CNBC - 3d -
Brazilian airline merger would boost aviation sector, says Azul boss
John Rodgerson defends potential tie-up with rival Gol despite concerns about competition and ticket pricingFinancial Times - 4d -
Spirit Airlines Will Prohibit ‘Offensive’ Tattoos and Revealing Clothing
The airline clarified (somewhat) the attire and appearance that might prevent passengers from being allowed to board or remain on a plane, a move that goes a step further than other major U.S. ...The New York Times - 5d -
Spirit Airlines bans 'lewd' clothing, tattoos
Spirit Airlines said its passengers may not be allowed to board the aircraft or can be forced to leave if they are sporting “lewd” clothing and/or have not covered “offensive” tattoos, according to ...The Hill - 5d -
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American Airlines shares tumble as outlook falls short
American forecast a wider than expected loss for the first quarter, sending shares lower.CNBC - 6d -
Why merger mania is coming to the fore in the mining industry
A prospective merger between Rio Tinto and Glencore would rank as the mining industry's largest-ever deal.CNBC - Jan. 20 -
American Airlines Accused of Discrimination by Interracial Couple
In a lawsuit, two newlyweds say they were detained after a passenger and airline employees wrongly suspected the Black husband of trafficking his white wife.The New York Times - Jan. 19 -
CBS Owner Discusses Settling Trump Suit, With Merger Review on Tap
Paramount, owner of CBS, its namesake studio and several cable channels, has a major piece of business in front of the new administration: its planned merger with Skydance Media.The Wall Street Journal - Jan. 17 -
U.S. Sues Southwest Airlines Over Chronic Delays
The Transportation Department said in a lawsuit that two of the airline’s routes were consistently delayed in violation of federal rules.The New York Times - Jan. 15 -
Overbooked Flight? What to Know If an Airline Bumps You
When airlines sell more tickets than available seats, passengers can get kicked off their flights — whether they want to or not.The New York Times - Jan. 15 -
As Delta Reports Profits, Airlines Are Optimistic About 2025
The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.The New York Times - Jan. 11 -
Airlines extend travel waivers due to LA wildfires
Airlines are waiving change fees and fare differences for Los Angeles-area flights due to wildfires.CNBC - Jan. 10 -
Russian court approves scandal-hit Wildberries merger
Two people were killed in September shootings at headquarters of retailer co-founded by country’s richest womanFinancial Times - Jan. 10 -
U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders
The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it alone could force cutbacks.The New York Times - Jan. 9 -
Chinese airlines rush into Europe as western carriers retreat
Ability to keep flying over Russia helps three big state-owned carriers undercut European rivalsFinancial Times - Jan. 8 -
O'Leary: Trump US-Canada merger an interesting concept
"Shark Tank” star Kevin O’Leary said Monday that the concept of the U.S. and Canada merging into one country is "very interesting." “I went to Palm Beach for a couple of days. On Saturday, we ...The Hill - Jan. 7 -
U.S. Steel and Nippon Sue Biden Over Blocked Merger
The companies argue in a lawsuit that the process of reviewing the transaction was corrupted by politics.The New York Times - Jan. 6 -
Lawsuit alleges Biden blocked US Steel-Nippon Steel merger for political reasons
The Biden administration blocked the deal over alleged national security concerns.ABC News - Jan. 6 -
U.S. Steel, Nippon Sue Biden Administration Over Merger Block Decision
The steel makers want a federal court to junk the President’s call to scrap the $14.9 billion merger, saying the national security concerns cited are groundless.Inc. - Jan. 6 -
U.S. Steel, Nippon file lawsuits over Biden's block of merger
U.S. Steel and Nippon Steel filed lawsuits Monday over President Joe Biden's blockage of the Japanese company's proposed takeover of its Pittsburgh-based rival for nearly $15 billion. CBS News ...CBS News - Jan. 6 -
Bengals' Ja'Marr Chase becomes fifth NFL player since 1970 merger to accomplish this feat
The wideout ended the regular season with 1,700-plus yardsCBS Sports - Jan. 6 -
Disney, Fubo reach merger agreement
Disney and Fubo have reached an agreement to merge, the companies announced Monday, signaling a victory for the entertainment giant in the world of sports streaming. Fubo, a platform that offers a ...The Hill - Jan. 6 -
Nippon Steel and US Steel sue Biden administration over blocked merger
U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with their merger, which President Biden blocked Friday over national security ...The Hill - Jan. 6 -
U.S. Steel and Nippon Steel file multiple lawsuits after Biden blocks planned merger
Steel companies are suing the government and a rival over their botched deal.MarketWatch - Jan. 6 -
What went wrong for Spirit Airlines?
Spirit Airlines hasn't had a profitable year since 2019, and it's lost more than $2 billion since 2020. It filed for bankruptcy protection in November.CNBC - Jan. 5 -
These airlines were the most on time in 2024, analysis finds
Delta ranked highest among U.S. carriers despite a computer outage in July that caused thousands of cancellations.CBS News - Jan. 3 -
US Steel’s tortuous un-merger is a deal for the ages
Would-be acquirers prepare for era where big is no longer bad, but foreign still might beFinancial Times - Jan. 3 -
These airlines were the most on time in 2024
Supply chain issues and strong travel demand continued in 2024.CNBC - Jan. 2 -
Why Trump should switch sides on the US Steel-Nippon Steel merger (but probably won’t)
The clock is ticking on government approval for the U.S. Steel-Nippon Steel merger, and whether short-term political buffoonery will win out over inexorable economic logic. My money is on buffoonery.The Hill - Jan. 2 -
Passengers Say Turkish Airlines Flights Have Bedbugs
Passengers on several of the carrier’s flights said the biting pests were on seats, blankets and in overhead bins and that the airline did not take action.The New York Times - Jan. 1 -
Secrets of an airline points millionaire
How far will you travel to collect Avios and EuroBonus points in 2025?Financial Times - Jan. 1
