The UK and EU agreed a landmark post-Brexit deal in 2025 easing travel, work, and trade restrictions, reshaping tourism and cross-border mobility in Europe with broad industry impacts.

Cyprus enters a new phase of diplomacy as Turkish and Greek Cypriot leaders forge a historic agreement to address key issues and pave the way for future cooperation.

Spirit AeroSystems, known as “Spirit,” has announced a definitive merger agreement where The Boeing Company], referred to as “Boeing,” will acquire Spirit at $37.25 per share in Boeing common stock, as outlined by the specified collar. Valued at $37.25 per share, the transaction marks an equity value of approximately $4.7 billion and an enterprise value of about $8.3 billion, including Spirit’s last reported net debt. This purchase price signifies a 30% premium over Spirit’s closing stock price of $28.60 on February 29, 2024, the day prior to the announcement by Spirit and Boeing that they were exploring a potential transaction.

WestJet today presented its case before the Canadian Industrial Relations Board (CIRB) regarding the airline’s call for arbitration in its negotiations with the Aircraft Maintenance Engineers and Tech Ops employees. The CIRB stated that it needs more time and detailed submissions from both parties before deciding whether the first collective agreement should be settled through arbitration.

NSM Insurance Group, a global specialty insurance provider with over $1.6 billion in premiums across more than 25 niche insurance programs, has announced the signing of a definitive agreement to acquire InsurEVO. Based in the U.K., InsurEVO is a specialist in personal lines travel managing general agents (MGA) and serves over three million customers. It operates two of the most trusted and leading travel insurance brands in the U.K., AllClear Travel Insurance and InsureandGo. The acquisition is subject to regulatory approvals and other customary closing conditions.

Today, the Tourism Authority of Thailand (TAT) and Traveloka, the premier travel platform in Southeast Asia, sealed a partnership with the signing of a Memorandum of Agreement (MoA). This agreement underscores Traveloka’s dedication to bolstering Thailand’s tourism sector. Together, they aim to amplify both inbound and domestic tourism, spotlighting not just primary attractions but also lesser-known destinations.

Accor has announced the successful conclusion of a share purchase agreement on March 11, 2024, to buy back 7 million of its own shares, constituting 2.77% of its capital, from Jinjiang International.