SEATTLE, 2016-Dec-08 — /Travel PR News/ — The Antitrust Division of the United States Department of Justice (DOJ) today (Dec. 6, 2016) completed its review and approved Alaska Air Group’s (NYSE: ALK) acquisition of Virgin America (NASDAQ: VA). Alaska Air Group is the parent company of Alaska Airlines, Inc. and Horizon Air Industries, Inc. “We… Read the full press release
BETHESDA, MD, 2016-Oct-15 — /Travel PR News/ — HMSHost, a part of Autogrill Group, announced today (October 11, 2016) that it has finalized the purchase of all shares of leading travel venue retailer Stellar Partners, Inc. This purchase marks HMSHost’s re-entry into the airport retail business, with Stellar to operate as an independent subsidiary. Stellar… Read the full press release
Mayo, Ireland, 2014-1-24 — /travelprnews.com/ — Red Carnation Hotels is delighted to announce a second Irish hotel in its growing portfolio – Lisloughrey Lodge, County Mayo. The property sits within the 350 acre estate of Ashford Castle, which was acquired by the luxury boutique hotel collection in June last year and is currently undergoing a glorious renovation programme to… Read the full press release
Swissport announced that the acquisition of Servisair from Derichebourg group has been completed today. On 2nd August Swissport announced that it had entered into a definitive agreement to acquire Servisair. Financial terms were not disclosed. All required regulatory approvals were obtained before closing. Opfikon, Switzerland, 2013-12-23 — /travelprnews.com/ — With the closing, Swissport, owned by PAI… Read the full press release
Abu Dhabi, UAE, 2013-11-20 — /travelprnews.com/ — Etihad Airways, the national carrier of the United Arab Emirates and Jet Airways today announced that the airlines closed the transaction for the subscription of a 24 per cent equity stake by Etihad Airways in Jet Airways. All requisite Indian regulatory approvals had been obtained by November 12, 2013. Jet… Read the full press release
Oak Brook, Ill., 2013-09-25 — /travelprnews.com/ — Inland American Lodging Group, Inc. (“IALG”), a wholly owned subsidiary of Inland American Real Estate Trust, Inc. (“Inland American”), and Hyatt Hotels Corporation (NYSE: H) today announced that IALG has acquired a portfolio of two Andaz hotels for approximately $115 million. The hotels, both part of Hyatt’s acclaimed boutique… Read the full press release
2013-08-05— /travelprnews.com/ — FirstGroup plc is pleased to announce that First Manchester Limited, a wholly owned indirect subsidiary of the Group, has agreed to acquire the Manchester bus business from Finglands Coachways Limited for a consideration of £50,000. The acquisition of Finglands, which operates a number of commercial bus services and school contracts to the South… Read the full press release
2013-08-02— /travelprnews.com/ — Customers will benefit from the combined operational excellence and consistent service quality worldwide Swissport and the French Derichebourg SA today announced they have signed a definitive agreement under which Swissport will acquire Servisair from the French Derichebourg SA. In this context Swissport has secured appropriate financing for the acquisition by issuing and successfully… Read the full press release
2013-07-31 — /travelprnews.com/ — MAG, the UK’s largest regional airport operator, announces its full year results for the year ended March 2013. The Group is pleased to report that it has had a strong financial year and has continued to make progress on its journey towards becoming the premier airport services business. At the end of… Read the full press release
Bellevue, Wash., 2013-07-24 — /travelprnews.com/ — Concur (Nasdaq: CNQR), the global leader in integrated travel and expense management, today announced it acquired TRX, Inc., a leader in travel data and Travel Management Company (“TMC”) mid-office technology solutions. Based in Atlanta, TRX offers solutions that enhance TMC efficiency through automation while also providing TMCs with a powerful data and analytics… Read the full press release
Enterprise: “Perfect Complement to Our Existing Car-Sharing, Vanpooling and Car Rental Services” ST. LOUIS, 2013-07-15 — /travelprnews.com/ — Enterprise Holdings today announced that it is acquiring the business of Zimride, an online service that efficiently connects drivers, passengers and partners with colleges and universities to facilitate sustainable transportation-management solutions. Zimride is the largest ride-matching program in the United States… Read the full press release