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It has been nearly two months since any word has come out about the privatization of Air Jamaica Ltd., which appeared back in early July on the verge of being acquired by the owners of U.S. discounter Spirit Airlines Inc. A consortium that includes Oaktree Capital Management LLC and Indigo...
Posted on August 26, 2009 3:55 PM
Southwest Airlines Co.'s (NYSE:LUV) CEO Gary Kelly told The Wall Street Journal Thursday that his airline, fresh off losing a bankruptcy court-sponsored auction to buy Frontier Airlines Holdings Inc., could be in the market for another deal. But despite the comment, there are significant hurdles standing in the way of...
Posted on August 21, 2009 8:45 AM
A flurry of dealmaking last month by Republic Airways Holdings Inc. has prompted plenty of speculation about how the small-jet operator could shake up the airline industry. But at least one would-be competitor of the new Republic, AirTran Airways Inc. (NYSE:AAI), seems unimpressed.Republic, which currently flies under the brands of...
Posted on July 22, 2009 11:39 AM
When Republic Airways Holdings Inc. (NASDAQ:RJET) announced plans to buy discounter Frontier Airlines Inc. out of bankruptcy last month, we wondered what the regional jet operator's airline customers might think of Republic's decision to support a company that is a direct competitor. On Wednesday, we might have gotten our first...
Posted on July 8, 2009 2:24 PM
Republic Airways Holdings Inc. (NASDAQ:RJET), which announced deals to acquire two different airlines earlier this week, is apparently wasting little time getting its new subsidiaries to work together.Indianapolis-based Republic, which currently provides small jet service for larger airlines, in a 24-hour period struck deals worth a combined $140 million to...
Posted on June 25, 2009 2:09 PM
A day after Southwest Airlines Co. (NYSE:LUV) announced plans to initiate service in Milwaukee, Midwest Airlines Inc. fired back Thursday with an announcement that will bring bigger planes with better range into the fleet of the city's hometown carrier.Midwest, which is majority owned by private equity firm TPG Capital, said...
Posted on May 21, 2009 5:30 PM
Southwest Airlines Co.'s (NYSE:LUV) plans announced Wednesday to begin service in Milwaukee appear targeted at slowing the growth of rival discounter AirTran Airways Inc. (NYSE:AAI) in the market. But the real loser in the coming fare war seems likely to be TPG-owned Midwest Air Group Inc., the one-time dominant force...
Posted on May 20, 2009 1:16 PM
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