NEWS Feb 07, 2022 Frontier and Spirit Airlines Merge in Deal Valued at Over $6.6Bn This morning, Frontier Airlines announced that they would be merging with Ultra Low-Cost Carrier Spirit Airlines in a merger valued at more than $6.6 billion U.S. Dollars. After this deal, Frontier Airlines will control 51.5% of the merger, with Spirit owning the remaining 48.5%. Read More →

NEWS Dec 31, 1969 Korean Airlines to Acquire Asiana Air Amid the COVID-19 pandemic, many airlines have intensified their losses or have received losses due to the COVID-19 pandemic.  Asiana Airlines has been one of these airlines in previous years.  Its struggles have led it to a new future. Korean Air, South Korea's largest airline, recently announced that they will acquire a 30.77 percent stake in their rival, Asiana Airlines. This deal is valued at over 1.62 billion USD (1.8 trillion won) and will make Korean Air the 10th largest airline in the world. Read More →