Articles tagged “spac”

The Southern Airways Express and Surf Air Mobility merger will be the first to bring together an airline and an electric aviation technology company. The goal is to get hybrid electric aircraft, think hybrid cars, to U.S. skies before anyone else.

Mondee's highly tactical deal taps into Arthur J. Gallagher & Co's sprawling network of small businesses and associations, which could drive subscriptions for its TripPlanet platform.

Good morning from Skift. It’s Wednesday, January 12, in New York City. Here’s what you need to know about the business of travel today.

Behind the investor appetite as American Express Global Business Travel prepares to go public.

Embraer's air mobility startup Eve is the latest to cash in on the SPAC craze. The developer of electric vertical takeoff and landing, or eVTOLs, aircraft plans to list in New York with a $2.4 billion valuation, and more than 500 commitments for its aircraft.

Why is a hospitality brand entering the recruitment market? The answer lies in its co-living division, because not everyone’s there just to party.

New investors include Sabre and Zoom — what does that tell you about the future of travel management?

The vacation rental market is surging ahead, but that doesn't automatically lead to a profitable business for those operating in the space. But Vacasa's most recent quarter should give prospective investors more confidence.

Are special purpose acquisition companies losing their shine? We'll find out more in the coming months as other travel startups plan to go public.

So far this year, a dozen travel companies went public or made plans to do so. A couple of them may shine. But the odds are stacked against this year's IPOs, on average, over the long term. Find out why.