Airline mergers tread carefully

Article Abstract:

It is likely that a significant number of acquisitions and mergers will take place in the travel and leisure sectors in 2000. However, regulations limiting the foreign ownership of airlines will continue to act as a barrier to full-scale cross-border mergers between flagship national carriers. In the airline sector, the main focus of activity will be on further alliances, with the flagship national carriers playing leading roles and smaller airlines acting as junior partners. The 50-50 joint venture deal agreed between KLM and Alitalia in Nov 1999 is regarded as a model for the future.

Scheduled Airlines, Scheduled Air Transportation, Air Transportation, Scheduled, And Air Courier Services, HOTELS AND OTHER LODGING PLACES, Air transportation, nonscheduled, Nonscheduled Airlines, Tourist Travel, Nonscheduled Air Transportation, Airlines, Travel industry, Leisure industry, Hospitality industry, Air charter services, Tourism

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On the road to the Emerald Isle

Article Abstract:

Jurys Hotel Group, a Dublin-based hotel business, expects to expand its activities if the Northern Ireland peace process continues and tourist trade increases. The group's managing director is Peter Malone, who has been involved in the restaurant and hotel industry since he left school in 1963. Jurys' specializes in buying under-performing hotels, both in Ireland and the U.K., and turning them around. The company employs its own mergers and acquisitions adviser to seek out potential opportunities.

Management, Jury's Hotel Group PLC

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Turn on, tune in, join up

Article Abstract:

Consolidation of the television industry in the United Kingdom is examined in the light of potential deals between Granada and Carlton Communications or United News and Media, paving the way for one ITV company in the future.

Television Broadcasting, Television broadcasting stations, Television broadcasting industry

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