Bloomberg Law
• James Nani
Google has acquired Spirit Airlines’ deidentified business data and software code for $10 million through the carrier’s bankruptcy auction. The assets include emails, Teams messages, pricing and operating records, maintenance history, disruption data and code repositories, which Google plans to use to improve its artificial intelligence systems.
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Southwest Airlines has entered into a $2 billion credit agreement, with proceeds earmarked for working capital and general corporate purposes, including acquisitions. The financing gives the carrier additional liquidity and strategic flexibility as it evaluates corporate priorities and potential growth opportunities.
Peru’s competition authority has cleared Abra Group’s acquisition of control of SKY Airline following a second-phase review, subject to limits on exclusivity. The transaction will bring the Chilean carrier’s Peruvian operation into the group that includes Avianca, expanding Abra’s presence in South American aviation.
A $1.8 billion transaction involving Air Canada’s loyalty program suggests the customer-rewards business is worth more than the airline itself, highlighting the financial value of frequent-flyer data, membership and recurring partner revenues relative to core airline operations.
Google has acquired Spirit Airlines’ deidentified business data and software code for $10 million through the carrier’s bankruptcy auction. The assets include emails, Teams messages, pricing and operating records, maintenance history, disruption data and code repositories, which Google plans to use to improve its artificial intelligence systems.
A judge rejected Delta Air Lines’ bid to dismiss a lawsuit challenging the airline’s previous carbon-neutrality advertising claims. The ruling keeps attention on how airlines disclose emissions reductions and use carbon offsets as they promote progress toward net-zero goals.
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Brussels Airlines will introduce scheduled winter services to Evenes in Norway and Kemi and Kittilä in Finland, turning destinations previously served through travel-agent charter operations into regular network routes. The expansion targets rising demand for leisure travel to the Arctic region.
IndiGo has rejected reports that it is negotiating with Embraer for regional jets, despite continuing to expand its fleet and capacity. The denial leaves the airline’s reported interest in Embraer’s E2 family unconfirmed, including speculation that the aircraft could enter India’s market.
Russian authorities are proposing stricter criteria for approving international services, including closer scrutiny of carriers’ compliance with mandatory requirements and financial condition. Airlines with unresolved regulatory violations or financial weaknesses could be blocked from opening new international routes under the proposed rules.
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