Antitrust News

Bloomberg • Samuel Stolton

EU Pushback Threatens IAG's €400M Air Europa Acquisition

IAG SA's €400 million takeover of Air Europa is on the brink of collapse after European Union officials deemed proposed concessions insufficient to mitigate competition concerns.

7 Sources

2024-07-24T09:29:06.861653-07:00

Bloomberg

Lufthansa Secures EU Approval for €325M ITA Airways Acquisition

112 Sources

2024-07-03T03:02:32.313918-07:00

CNA

Air Incheon Selected as Preferred Bidder for Asiana Cargo Unit

35 Sources

2024-06-16T20:48:53.515648-07:00

2024-06-13T06:27:10.212269-07:00

EU Approval Imminent for Lufthansa's €325 Million ITA Airways Deal

Lufthansa's significant investment in ITA Airways is set to gain approval from the European Union, supporting Italy's fiscal reforms under Prime Minister Giorgia Meloni.

Antitrust News Timeline

Bloomberg

EU Pushback Threatens IAG's €400M Air Europa Acquisition IAG SA's €400 million takeover of Air Europa is on the brink of collapse after European Union officials deemed proposed concessions insufficient to mitigate competition concerns.

2024-07-24T09:29:06.861653-07:00

EU Pushback Threatens IAG's €400M Air Europa Acquisition

Bloomberg

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Lufthansa Secures EU Approval for €325M ITA Airways Acquisition Lufthansa has received EU antitrust approval to acquire a 41% stake in ITA Airways for €325 million, conditional upon ceding certain routes and slots. The deal expands Lufthansa's presence in southern Europe and strengthens its long-haul market position.

2024-07-03T03:02:32.313918-07:00

Lufthansa Secures EU Approval for €325M ITA Airways Acquisition

CNA

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Air Incheon Selected as Preferred Bidder for Asiana Cargo Unit Korean Air has announced that South Korean low-cost carrier Air Incheon is now the preferred bidder for Asiana Airlines' cargo business, facilitating a step forward in the Korean Air-Asiana merger approval process by the EU competition regulator.

2024-06-16T20:48:53.515648-07:00

Air Incheon Selected as Preferred Bidder for Asiana Cargo Unit

Bloomberg

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EU Approval Imminent for Lufthansa's €325 Million ITA Airways Deal Lufthansa's significant investment in ITA Airways is set to gain approval from the European Union, supporting Italy's fiscal reforms under Prime Minister Giorgia Meloni.

2024-06-13T06:27:10.212269-07:00

EU Approval Imminent for Lufthansa's €325 Million ITA Airways Deal

AeroTime

Lufthansa Makes Final Concessions to Secure ITA Airways Deal Lufthansa has submitted additional guarantees to the European Commission to obtain approval for its acquisition of ITA Airways. The airline aims to maintain its intercontinental strategy while addressing regulatory concerns.

2024-06-11T02:54:21.803836-07:00

Lufthansa Makes Final Concessions to Secure ITA Airways Deal

Bloomberg Law

American Airlines Appeals JetBlue Partnership Invalidation American Airlines Group Inc. urged a federal appeals court to reverse the nullification of its partnership with JetBlue Airways Corp., arguing the ruling hampers future joint ventures.

2024-06-03T10:23:44.944091-07:00

American Airlines Appeals JetBlue Partnership Invalidation

Reuters

Azul and Gol Anticipate Smooth Approval for Codeshare Deal Azul and Gol have approached Brazil's antitrust regulator CADE with their new codeshare agreement, confident that it will not face substantial obstacles, according to Azul's CEO.

2024-05-29T09:47:06.771593-07:00

Azul and Gol Anticipate Smooth Approval for Codeshare Deal

Euronews

Trade Unions Urge EU to Approve Lufthansa's €325m ITA Acquisition EU antitrust concerns center on potential price increases and reduced flight options to central Europe and the US with the takeover of the former Alitalia fleet.

2024-05-28T07:34:09.666055-07:00

Trade Unions Urge EU to Approve Lufthansa's €325m ITA Acquisition

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