Loganair, Scotland’s Airline, announced that it is to acquire Suckling Airways, the Cambridge-based charter specialist.
Suckling is to become a wholly-owned subsidiary of Loganair upon completion of the deal at the end of this month, and will continue to trade as a separate airline which holds its own licences and approvals.
It operates a fleet of five

Meggitt PLC is to acquire Pacific Scientific Aerospace (PSA) from Danaher Corporation (Danaher) for $685 million in cash (Acquisition). Meggitt announced it had reached an agreement for the acquisition with PSA. The Acquisition will be funded in part by an equity placing of up to 69.8 million new ordinary shares, representing less than 10% of

American airlines, British Airways and Iberia last week revealed they had finalized their routes merger deal. The three airlines unveiled the new routes, pledging to offer their passengers quality services and flight flexibility. The deal was an $8 billion transatlantic joint business and was appended last week. The merger and the unveiling of the new

The $8 billion merger proposal between Iberia and British Airways has finally gotten the thumbs up from regulators. Regulatory approval was the only thing standing in the way of the deal. The approval however comes after the Spanish airline, Iberia, approved a fresh funding arrangement for British Airway’s multibillion-pound pension deficit.
Under the terms of the

Flybe may be making at least two acquisitions as it seeks to expand its continental Europe operations. Currently the largest domestic airline in the UK, the firm is thought to be mulling acquisitions as it increases its business size for growth. As it stands, the firm has gradually hiked its size by almost half via