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Yatra acquires Globe Travels for INR 1,280mn in cash to expand its corporate travel portfolio

Yatra acquires Globe Travels for INR 1,280mn in cash to expand its corporate travel portfolio

Yatra Online Limited has entered into a definitive agreement to acquire 100% of Globe All India Services Limited (Globe Travels), a premier Corporate Travel Services provider for INR 1,280 million in cash. Through this acquisition

Aviation
EU Commission approves Lufthansa Group’s acquisition of ITA Airways

EU Commission approves Lufthansa Group’s acquisition of ITA Airways

The competition authority of the European Commission has approved the planned acquisition of 41 per cent of Deutsche Lufthansa AG in ITA Airways, subject to conditions. Carsten Spohr, CEO, Deutsche Lufthansa AG, said, "The approval

Aviation
SITA acquires passenger processing platform Materna IPS

SITA acquires passenger processing platform Materna IPS

SITA, a renowned name in technology solutions for the air transport industry, has acquired Materna IPS, a passenger handling provider for airports and airlines. The move will reshape the entire aviation industry, creating the world’s

Technology Startup forum
Amadeus completes acquisition of Vision-Box

Amadeus completes acquisition of Vision-Box

Amadeus has completed the acquisition of Vision-Box, a leading provider of biometric solutions for airports, airlines, and border control customers. The deal has now received all necessary regulatory approvals in all relevant markets. The combined

Aviation
JetSetGo intends to raise $900M for the acquisition of 12 aircraft, plans for an IPO in 2028

JetSetGo intends to raise $900M for the acquisition of 12 aircraft, plans for an IPO in 2028

JetSetGo, under the leadership of its founder and CEO Kanika Tekriwal, is strategizing to secure $900 million in funds. This capital infusion is intended to facilitate the acquisition of 12 new mid-sized twin-engine aircraft, a

Aviation
SpiceJet Secures Lease for 10 Aircraft, Boosts Capacity for Summer Schedule

SpiceJet Secures Lease for 10 Aircraft, Boosts Capacity for Summer Schedule

SpiceJet has secured lease agreements for 10 aircraft as part of its strategy to expand capacity ahead of the upcoming summer schedule. This move highlights SpiceJet's dedication to offering seamless connectivity and improved services to

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