Island Pacific Group, Oasis VA Might Merge
Island Pacific Group Virtual and Oasis Virtual Airlines Corporation today announced that the two carriers are in negotiation for a possible merger. Rumor has it that the two companies are negotiating an agreement in which the two carriers will combine in an all-stock transaction with a combined enterprise value of $1.7 billion, creating the flightsim communities premier global airline. Continue reading
Empora re-opens after merge with Sheikh Airlines
Empora has reopened its website to the public. Empora’s site was down for the past month and a half due to a merge into Shiekh Air’s systems. Earlier this month, Empora Airlines sold a 60% stake of the company to Sumptuary Travel Group. Sumptuary already owns all of Dubai based, Sheikh Airlines. Continue reading
