Mergers and Acquisitions News

Simple Flying • Lukas Souza

JetBlue and American Aim to Revive Northeast Partnership Post-Court Ruling

Despite a judicial setback, JetBlue and American Airlines remain optimistic about reviving their collaborative efforts in the Northeastern US. Executives from both airlines have hinted at future partnership opportunities, demonstrating their commitment to exploring alternative collaboration strategies following the court-imposed limitations.

2024-11-12T20:42:12.346017-08:00

UK Defence Journal

BAE Systems Halts Typhoon Production, Urges UK Order Boost

2024-11-13T13:54:46.463128-08:00

Wall Street Journal

Spirit Airlines Nears Bankruptcy After Failed Frontier Merger Talks

2024-11-12T14:30:12.475571-08:00

Bloomberg

Boeing and Airbus Aid Spirit AeroSystems with $457M Lifeline Amid Cash Crunch

2024-11-12T07:17:43.081654-08:00

Mergers and Acquisitions News Timeline

UK Defence Journal

BAE Systems Halts Typhoon Production, Urges UK Order Boost BAE Systems workers report a halt in Typhoon jet production at Warton due to a lack of future orders. They are pressing the UK government to procure an additional 24 jets to maintain sovereign defense capabilities, highlighting the strategic need for domestic production commitments.

2024-11-13T13:54:46.463128-08:00

BAE Systems Halts Typhoon Production, Urges UK Order Boost

Simple Flying

JetBlue and American Aim to Revive Northeast Partnership Post-Court Ruling Despite a judicial setback, JetBlue and American Airlines remain optimistic about reviving their collaborative efforts in the Northeastern US. Executives from both airlines have hinted at future partnership opportunities, demonstrating their commitment to exploring alternative collaboration strategies following the court-imposed limitations.

2024-11-12T20:42:12.346017-08:00

JetBlue and American Aim to Revive Northeast Partnership Post-Court Ruling

Wall Street Journal

❗️

Spirit Airlines Nears Bankruptcy After Failed Frontier Merger Talks Spirit Airlines is on the brink of filing for Chapter 11 bankruptcy as merger negotiations with Frontier Group Holdings collapse. The ultra-low-cost carrier is in advanced discussions with creditors to restructure its debt, potentially leading to significant operational changes amidst financial distress.

2024-11-12T14:30:12.475571-08:00

Spirit Airlines Nears Bankruptcy After Failed Frontier Merger Talks

Reuters

❗️

Elliott Demands Honeywell Split After $5B Stake Purchase Elliott Investment Management, an activist investor, has acquired a stake exceeding $5 billion in Honeywell International. The firm is urging Honeywell to separate its Aerospace and Automation divisions, aligning its strategy with recent trends among industrial conglomerates to unlock full potential.

2024-11-12T07:26:22.740278-08:00

Elliott Demands Honeywell Split After $5B Stake Purchase

Bloomberg

❗️

Boeing and Airbus Aid Spirit AeroSystems with $457M Lifeline Amid Cash Crunch Spirit AeroSystems secures financial lifelines totaling $457 million, with $350 million from Boeing and $107 million from Airbus. These advances aim to stabilize the struggling supplier facing financial challenges, inventory excess, and diminished cash flows impacting its operational capabilities.

2024-11-12T07:17:43.081654-08:00

Boeing and Airbus Aid Spirit AeroSystems with $457M Lifeline Amid Cash Crunch

UK Defence Journal

BAE Systems Secures £25bn in Orders Amid Global Military Spending Surge BAE Systems has reported a robust financial performance for 2024, with significant order intake driven by increased global military expenditures. The company remains confident in achieving its full-year earnings growth of 12% to 14%, supported by orders for fighter jets, submarines, and weapons systems.

2024-11-12T02:49:17.055302-08:00

BAE Systems Secures £25bn in Orders Amid Global Military Spending Surge

Nikkei Asia

Pakistan's National Airline Sale Fails with Single Low Bid Pakistan's effort to privatize its national carrier, Pakistan International Airlines, faces challenges as the government received only one low offer during the sale. This development raises concerns about the future of the airline and the broader privatization strategy.

2024-11-11T22:45:50.550975-08:00

Pakistan's National Airline Sale Fails with Single Low Bid

Bloomberg

Lufthansa Finalizes Acquisition of ITA Airways Lufthansa has resolved pricing disputes with the Italian government, paving the way for its acquisition of ITA Airways. The German carrier is set to take over a significant stake in the troubled Italian airline, with potential options for future full ownership pending EU Commission approval.

2024-11-11T10:54:01.941228-08:00

Lufthansa Finalizes Acquisition of ITA Airways

Create a free account to see more recent Mergers and Acquisitions stories.