ch-aviation
• Vanja Popovic
Korean Air is planning to establish a Busan base for the low-cost carrier formed by integrating Jin Air with its other LCC subsidiaries, according to a document obtained by South Korean lawmakers and reported by The Financial News. The proposal would give the combined airline a second hub alongside its existing operations.
M&A
Latest source-backed stories
Korean Air is planning to establish a Busan base for the low-cost carrier formed by integrating Jin Air with its other LCC subsidiaries, according to a document obtained by South Korean lawmakers and reported by The Financial News. The proposal would give the combined airline a second hub alongside its existing operations.
American Airlines has completed its purchase of an 8% stake in Brazilian carrier Azul. The reported transaction gives American an equity holding in Azul, though the available article provides no further details on the deal’s terms or its implications for either airline’s strategy.
High activity
Elon Musk has publicly endorsed combining SpaceX and Tesla in a deal reportedly valued at $3.5 trillion, unsettling some people involved in discussions who fear added shareholder scrutiny could delay talks. The proposal also raises questions about Tesla’s China operations, national-security review and the political implications of joining the companies.
People familiar with the matter say there is a push to announce a deal between Musk’s Tesla and SpaceX by the first half of 2027, with a potential closing during President Donald Trump’s administration. The reported timetable comes as market volatility threatens the exuberance supporting Musk’s business empire.
Apollo is reshaping the board associated with its proposed takeover of easyJet in an effort to address concerns raised by the European Union. The available report does not disclose the proposed board changes, the specific EU objections or the transaction’s terms and timing.
Media mogul John Malone said he thinks Skydance Corp. and Elon Musk’s SpaceX could reach a deal. No terms or details of a potential transaction were provided.
The acquisition adds Aerospatium to ProMedia Group’s portfolio, extending its presence in France after its earlier deal for Aerobuzz. The article provides no financial terms or details on how the publisher will be integrated, leaving the strategic scope of the latest purchase unclear.
High activity
easyJet has completed its purchase of Adria Tehnika, adding Slovenian aircraft maintenance capacity to its in-house operations. The carrier announced its intention to buy the MRO provider in December; it plans to retain Adria Tehnika’s third-party business while strengthening support for its own fleet.
Create a free account to see more recent M&A stories and keep bookmarks in one place.
