GLG News by Lawyers Knowledgeable about Antitrust Issues in the Airline Industry

The successful launching of the VUELING’s IPO on the Spanish stock market –the second airline, after Iberia Airlines, publicly trading its shares- deserved a favorable attention from foreign and domestic institutional investors. The low cost carrier (LCC) success has closely been scrutinized by other...

The market has taken a dim view on that move by pushing down a 7% the price of Air France KLM shares. Politically pushed mergers of market operators cannot work out properly, as shown by the Endesa-Gas Natural fiasco: more so when the pressure is applied across national borders. The political initiative...

Note: The captioned title reflects an Spanish saying used to indicate that, sometimes, those living out of a profession or activity, foolishly neglet using or applying their specific know-how or mastery for their own benefit. (En casa del herrero, cuchillo de palo).Implication: In the already overregulated...

1. The $8.7 billion bait launched last week by the Tempe, AZ, based air carrier has landed on the rather icy shoulder of the targeted prey. 2. The cold reception shown by the bankrupt carrier’s Management to the unsolicited bid has turned the offer into a hostile uphill battle.  3. The already...

After the successful launching of commercially successful Low Cost Airlines (LCC), the dimension of the capital requirements demanded by their further growth and expansion will force them to switch from private capital sources to those only available through the stock market.