Fusiones y Adquisiciones

🌎 W2M and Europamundo, in 2025, Spain and Portugal, launched a joint business under the brands Kannak by Europamundo and Europamundo. This alliance enhances agency access to more guaranteed departures, flights included, and regionalized options, targeting the senior segment. The 2026 season distribution begins soon, using existing channels: Europamundo (B2B) and Kannak sites. The joint business will have a dedicated team for customer service, product development, and group management, ensuring quality and efficiency.

📈 Ávoris, owned by Barceló, aims to expand its travel agency network internationally. With a 25% market share in Spain and 1,800 sales points, they plan to enter Egypt and Morocco. Endika Ormaeche leads the division, targeting regions with existing tour operations. Expansion plans involve choosing a brand for these markets. Pilar López, recently joined from Viajes El Corte Inglés, will support the internationalization project as director of indirect sales projects.

🛩 Turkish Airlines, August 2023: plans to acquire a 26% stake in Spain's Air Europa for €300 million, contingent on a thorough review of financials, governance, and related issues. The urgency stems from the Hidalgo family's need to repay a €475 million SEPI loan by November 2023. Turkish aims for a due diligence to ensure accurate documentation. Air Europa, with increased interest from banks, reached nearly €3 billion in sales in 2024.

📍 Ávoris, in Spain, continues to expand among independent travel agencies. After acquiring Dit Gestión and Gea, adding about 1,300 sales points, Ávoris aims for a commercial alliance with Star, which has around 100 agencies. The next step could be acquiring Soltour's 30% stake in Star. Ávoris does not plan full acquisition of Star or other groups, focusing instead on enhancing Ávoris Store, which includes Travelplan, Catai, and others.

💸 Jet2 cayó un 12.52% el jueves tras unos resultados económicos anticipados que decepcionaron al mercado. EasyJet retrocedió un 3% y Wizz Air también fue afectada. Steve Heapy, CEO de Jet2, mencionó la dificultad del mercado británico. Los precios subieron moderadamente respecto a 2024 y se mantendrán en invierno. Se espera que los resultados anuales estén en la banda baja de las expectativas. Más detalles serán divulgados el 19 de noviembre.

✈ WestJet, a Canadian airline, purchased 60 Boeing 737 Max 10 and 7 Boeing 787-9, with options for 25 more 737s, increasing their total order to 123 aircraft. Starting in 1996 with three planes, WestJet now has 150 Boeing aircraft. This transaction occurs amid US-Canada trade tensions. Boeing's sales recovery follows setbacks from two B737 crashes. The recent deal with an Australian lessor for 30 737Max further boosts Boeing's optimism.

🏨 Eustasio López, owner of Lopesan, is negotiating to acquire the Bahía del Duque hotel, a prestigious beachside property in Tenerife. Despite his aggressive tactics, the Zamorano family, current owners, are open to selling but wary of López's terms, especially regarding the hotel's debt reduction. Rival banks and H10 chain showed interest but aren't proceeding further. López remains the frontrunner, yet the deal is not finalized, with key input from Zamorano family members, especially the eldest sister.

💻 September 1, 2025 – Beroni and Civitatis announce a collaboration. Beroni's Wasabi-s platform will now feature Civitatis' 95,000+ activities in 4,170 destinations. The platform, used by 20,000 daily users, already offers 15,000 experiences globally. Civitatis, trusted by over 45,000 travel agencies, simplifies booking with a B2B platform. This partnership enhances Beroni's offerings, allowing travel agencies to personalize and book diverse experiences worldwide efficiently.

✈️ Grupo Iberia achieved record numbers between June 27 and August 31, 2024, with 34,259 flights and over 6 million seats available. Of these, 4,560 were long-haul flights. From Madrid, 17,191 flights took off. In Latin America, seats increased by 4% to 3.2 million. Weekly, 140 flights were to the U.S., a 14% rise, totaling 1.1 million seats. Over 160 charter flights supported Mediterranean and European cruise connections. Top destinations included Barcelona and Mexico City.

✈ Lufthansa acquired 10% of Air Baltic, while the Latvian state retains 88.37%. Air Baltic's future public offering will reserve 25% for the government, with no set date. The capital increase uses convertible shares, funding minimal expansion. Air Baltic's 2024 losses were €118 million. The German competition authority approved Lufthansa's entry, with possible future control. The Latvian government ensures retaining a 25% stake.