ch-aviation
• Dirk Andrei Salcedo
An investor in Indonesian charter and aircraft services provider Travira Air is exploring an exit, according to a report whose details are unavailable in the supplied summary. The information provided does not identify the investor, the potential buyer, valuation, timing or any effect on Travira Air’s operations.
M&A
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An investor in Indonesian charter and aircraft services provider Travira Air is exploring an exit, according to a report whose details are unavailable in the supplied summary. The information provided does not identify the investor, the potential buyer, valuation, timing or any effect on Travira Air’s operations.
Elon Musk has repeatedly used the letter X across his businesses: SpaceX, Tesla’s Model X and the social platform renamed X. With the X ticker available, the possibility of using it in a SpaceX-Tesla deal is raised, though the provided report offers no details of a proposed transaction.
South African investment firm Harith has secured competition approval for its proposed purchase of FlySafair, moving the deal closer to completion. The acquisition was first announced in February; the available report does not specify the transaction value, ownership structure or remaining steps before closing.
High activity
ANA Holdings has signed a memorandum of understanding with Regional Plus Wings, the joint holding company of Air Do and Solaseed Air, to bring both regional carriers fully into the ANA Group. The companies are also considering possible integration under the ANA brand, according to the reports.
ANA Holdings has signed a memorandum of understanding to bring Regional Plus Wings, which owns AIRDO and Solaseed Air, fully under its ownership through a share exchange. The company has also outlined the background and structure of the planned integration.
South Africa’s highest antitrust authority has approved private equity firm Harith General Partners’ proposal to acquire budget carrier FlySafair. The clearance removes the antitrust hurdle to the deal; the available report does not provide financial terms or further details about the transaction.
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