Qantas

Capital Raising · Americas

Hertz announced a $100M common stock offering and $300M in exchangeable senior PIK notes to fund general corporate purposes and potential debt repayment, following disclosure of unexpected losses in the used car market.

Ma Activity · Americas

Vail Resorts has engaged investment banking advisors, signaling defensive posture against potential acquisition or hostile activity

Layoffs · EMEA

Entain announced 500 job cuts (~2% of workforce) across corporate functions, product and technology teams, reversing earlier claims of no planned redundancies. Driven by UK remote gaming duty increase from 21% to 40% (April 2026) and strategic cost-cutting to offset £200m+ tax impact.

Geographic Expansion · Asia

Accor is expanding its presence in India by bringing Movenpick and MGallery brands to the market. The company is building out operational structure to support growth after two decades of slow traction in the region.

Partnership · Asia

FedEx Corporate signed strategic memorandum of understanding with China Southern Airlines' air cargo division to optimize collective Asia-Pacific networks. Focus on capacity sharing, ground operations, hub connections, and digitalization. Aligns with FedEx's major Guangzhou hub expansion doubling terminal footprint and tripling hourly sorting capacity.

Partnership · EMEA

Fitness First partnered with Bon Charge to integrate red light therapy into group fitness classes (yoga, pilates) and recovery spaces across UK locations (Marylebone, Cottons clubs). Part of broader strategic pivot toward recovery and wellbeing offerings.