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Commercial Agreements Commercial Agreements
AirTran boosts offer for Midwest Air
UNITED STATES OF AMERICA : AirTran Holdings, which owns the discount carrier AirTran Airways, raised its offer for Midwest Air Group by almost 18 percent. Ryanair raises Aer Lingus share to 25.2%
IRELAND : Ryanair confirmed (29-Nov-06) it raised its shareholding in Aer Lingus from 19.2% to 25.2%, purchasing an additional 31.8 million shares in the Irish national carrier for EUR87.4 million. Toll Holdings retains Virgin Blue
AUSTRALIA : Toll Holdings decided (29-Nov-06) to retain its 62.4% shareholding in Virgin Blue, following a strategic review. AirOne proposes Alitalia merger
AirOne reportedly approached the Italian Government with a proposal to merge with Alitalia, Italys financially troubled flag carrier. Southwest scouts Delta-US Airways merger for opportunities
UNITED STATES OF AMERICA : Southwest Airlines reportedly (21-Nov-06) expressed interest in acquiring assets that US Airways and Delta Air Lines would sell to address anti-trust concerns regarding their possible merger. AirTran and Frontier enter marketing collaboration.
UNITED STATES OF AMERICA : AirTran Airways and Frontier Airlines announced (14-Nov-06) the formation of a collaborative referral and marketing relationship. Focus: Advancing by leaps and bounds:Flybe purchases BA Connect
UNITED KINGDOM : Flybe reached in-principle agreement (03-Nov-06) to purchase British Airways regional subsidiary, BA Connect, in a move that will significantly increase Flybes route network both Frontier to select regional jet operating partner
UNITED STATES OF AMERICA : Frontier announced (30-Oct-06) plans to select a regional jet operating partner in the next few weeks, once it has finalized negotiations with several regional airlines. Frontier to select regional jet operating partner.
UNITED STATES OF AMERICA : Frontier announced (30-Oct-06) plans to select a regional jet operating partner in the next few weeks, once it has finalized negotiations with several regional airlines. Jetstar Asia takes over Cairns-Darwin-Singapore service from Qantas
Jetstar Asia took over (29-Oct-06) five times weekly Cairns-Darwin-Singapore Ryanair submits official Offer Document for Aer Lingus
IRELAND : Ryanair submitted (23-Oct-06) its official Offer Document to Aer Lingus shareholders for its take-over of Jetstar and Malaysia Airlines sign pilot training agreement
AUSTRALIA : Jetstar signed (12-Oct-06) an agreement with Malaysia Airlines to train 12 pilots on A330, aircraft as part of preparations for the LCC to launch long-haul operations in late Nov-06. Frontier purchases ten Q400s and plans to launch turboprop subsidiary.
UNITED STATES OF AMERICA : Frontier Airlines ordered (06-Sep-06) ten 74-seat Bombardier Q400 turboprop aircraft, scheduled for delivery from May-07 through to Dec-07. Spirit changes owners and gets new Chairman.
Spirit Airlines, the largest privately held carrier in the US, announced (13-Jul-06) Indigo Partners acquired a controlling interest in the carrier from Oaktree Capital Management, previously the airline's largest investor. ATA credits 25% of bookings to Southwest codeshare.
ATA confirmed (30-May-06) approximately 25% of all its bookings result from its codeshare agreement with Southwest Airlines. |
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