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South Africa mulls state-owned airlines merger, seek minority equity partner

2016-02-24 14:17:09| Airlines - Topix.net

Feb 24 South Africa will explore merging two of its state-owned airlines, South African Airways and SA Express, and seek a minority equity partner for the company, Finance Minister Pravin Gordhan said on Wednesday. Many of South Africa's 300-odd state entities are a drain on the government's purse and a team commissioned by President Jacob Zuma to review the companies recommended that some companies should be sold.

Tags: south partner africa south africa

American Airlines passing first big merger test - so far

2015-10-18 06:53:34| Airlines - Topix.net

American Airlines passing first big merger test - so far Few travel headaches at Phoenix Sky Harbor International Airport as American Airlines completes merger milestone. Check out this story on azcentral.com: http://azc.cc/1ROAyqR Summit West Signs employees take down US Airways signage, October 15, 2015, at the US Airways hangar, Phoenix Sky Harbor International Airport, 4000 E. Sky Harbor Boulevard, Phoenix.

Tags: so big far american

Spirit Airlines & Frontier Merger Ahead?

2015-05-16 13:57:12| Airlines - Topix.net

Spirit Airlines stock took a beating following its latest quarterly results, down well over 10% in the past couple weeks after it reduced its full year margin guidance slightly. Many analysts reduced their price targets slightly, albeit to levels significantly above its current price.

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American Airlines merger settlement approved by U.S. judge

2014-04-26 04:27:10| Airlines - Topix.net

A federal judge on Friday approved the November settlement between the U.S. government and the airlines that merged to form American Airlines Group and Virgin America acquired takeoff and landing rights, or slots, at New York's LaGuardia and Reagan National near Washington that American sold.

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