Korean Air enters 2023 with the approval of its takeover of Asiana Airlines by the Chinese ministry of commerce. This is an important step in completing the acquisition plan, although approval from some key countries is still pending. China approves…
Air Canada announced over the weekend that it concluded an amended transaction with Transat A.T. Inc. that provides for Air Canada to acquire all the issued and outstanding shares of Transat and for its combination with Air Canada. Under the…
Hawker Beechcraft, currently under Chapter 11 bankruptcy protection, has entered into an exclusivity agreement with Superior Aviation Beijing regarding a strategic combination. Superior Aviation Beijing, should a transaction be completed, intends to maintain Hawker Beechcraft’s existing operations while investing substantial…