Mergers & Acquisitions
HBX Group acquires hospitality tech firm Civitfun
B2B travel tech firm HBX Group has officially acquired Spanish hospitality tech innovator Civitfun. Through this strategic acquisition, HBX Group
DailyCo acquires Indonesian catering market leader Waku
Rapidly-growing Indonesian multi-brand F&B operator DailyCo announced its acquisition of Wadah Kuliner (Waku), a local F&B company that has become
OUTRIGGER Hospitality Group acquires Zeavola Resort on Phi Phi Island
OUTRIGGER Hospitality Group announced its acquisition of Zeavola Resort, a premier beachfront escape nestled on the northern tip of Thailand’s
Hunnu Air receives Mongolia’s first-ever Embraer E195-E2
Air, marking a new partnership for the firm, as well as bringing in the first E2 to operate in Mongolia.
BizAway announces its acquisition of Aervio
Travel management scaleup firm, BizAway announced its acquisition of Spanish artificial intelligence (AI) solutions provider Aervio.
Travel and tourism sees resilient M&A activity amid 5% dip in overall deal volume in Q1 2025: GlobalData
Deal-making in the travel and tourism sector showed signs of cautious optimism in the first quarter (Q1) of 2025, with overall activity experiencing only around 5% year-on-year (YoY) dip.
Cebu Pacific welcomes first aircraft delivery for this year
Philippine low-cost carrier Cebu Pacific took delivery of its first aircraft for the year, an A330neo, last 28th March.
BBN Airlines Indonesia signs agreement with US-Bangla Airlines
Avia Solutions Group subsidiary BBN Airlines Indonesia recently signed a wet-lease agreement with one of Bangladesh’s largest carriers, US-Bangla Airlines.
EVA Air to augment fleet with new aircraft from Airbus
Taiwanese carrier EVA Air placed a firm order with Airbus for six long-range A350-1000s and three single-aisle A321neo aircraft.
Chimu Adventures welcomes Albatros Expeditions into Nordic Expedition Cruise and Travel
Chimu Adventures has announced that Albatros Expeditions (AE) is joining their parent network Nordic Expedition Cruise and Travel (NECT).
China Airlines orders ten Airbus A350-1000s
Taiwanese carrier China Airlines signed a firm order with Airbus for ten A350-1000s, finalising a commitment announced by the airline in December 2024.
EaseMyTrip acquires 49% stake in Big Charter Pvt Ltd
EaseMyTrip.com has received in-principle Board approval to acquire a 49% stake in Big Charter Pvt Ltd, a prominent player in India’s charter aviation sector.
Airbus delivers South Korea’s first ACH160
Airbus recently delivered South Korea’s first ACH160 to business aviation operator K-Aviation.
MOL Cruises buys an additional vessel from Seabourn Cruises
MOL Cruises, operator of Japan’s Mitsui Ocean Cruises, announced that it has purchased another ship from Seabourn Cruises.
Malaysia Aviation Group acquires 30 new Boeing aircraft
Malaysia Aviation Group (MAG) announced the acquisition of 30 new aircraft directly from The Boeing Company on Friday, 21st March.
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