The proposed acquisition between Korean Air and Asiana Airlines faces significant hurdles as the US Department of Justice (DoJ) and the European Union (EU) have expressed concerns about reduced competition on specific passenger and cargo routes. Rationale of the deal The merger would create the largest carrier of passengers and cargo on routes between the […]
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Ultra low cost carrier Spirit Airlines on Monday rejected JetBlue Airways’ $33-per-share takeover offer, saying it had a low likelihood of winning approval from government regulators, Reuters reported. JetBlue responded by enhancing its offer – but not its $33 per share price – and promising a $200 million reverse break-up fee – or $1.80 per Spirit share – […]
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The combination of AerCap and GE Capital Aviation Services (GECAS) will create an aircraft leasing worldwide leader that would likely obtain all the necessary antitrust approvals despite the size of the companies. The merger isn’t likely to raise significant antitrust concerns, but even if it does, remedies may appease regulators. In this article we tell you why this market leader won’t raise antitrust concerns.
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