All Air Europa articles
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NewsNorse withdrawing its sub-leased 787-8s to focus exclusively on 787-9 fleet
Scandinavian carrier Norse Atlantic Airways is to withdraw its three Boeing 787-8s, in order to establish a uniform fleet of 787-9s. It uses 12 787-9s in its own operation but also has three -8s which have been subleased to Spanish carrier Air Europa. Norse states that it has agreed in ...
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NewsAdequate Air Europa remedies harder to identify for IAG’s second bid: EU
Air Europa’s improved performance since 2021 made it harder to identify sufficient remedies during IAG’s second failed attempt to acquire the Spanish carrier, according to the European Commission.
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NewsIAG offered to hand over 52% of Air Europa frequencies to secure acquisition
British Airways and Iberia owner IAG was willing to sacrifice 52% of Air Europa’s 2023 frequencies to secure its acquisition of the business, but that was not enough to satisfy the European Commission.
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NewsIAG terminates Air Europa acquisition
British Airways and Iberia owner IAG has terminated its agreement to purchase Spanish carrier Air Europa from its parent company Globalia, citing the “current regulatory environment”.
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NewsIAG starts another round of share buy-backs to support Air Europa acquisition
British Airways and Iberia parent IAG is pursuing another share buy-back programme intended to support its proposed acquisition of Spanish operator Air Europa.
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NewsVolotea and Abra sign JV with eye on Air Europa remedies at Madrid
Spanish low-cost carrier Volotea and Avianca parent company Abra Group have signed a joint-venture agreement to act as a “remedy taker” should IAG complete its acquisition of Air Europa.
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NewsFurther competition commitments extend IAG-Air Europa assessment deadline
IAG’s planned acquisition of Spanish carrier Air Europa will undergo additional assessment after further commitments were submitted to clear the deal.
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NewsIAG and Air Europa formally notified of EU competition concerns over proposed tie-up
British Airways and Iberia parent IAG has been told that its proposed acquisition of Air Europa could restrict competition, particularly on routes to and from Spanish cities. The European Commission has outlined its concerns in a formal statement of objections to the companies, as it continues its in-depth investigation into ...
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NewsIAG chief still optimistic over Air Europa deal
IAG chief executive Luis Gallego remains optimistic that the group can secure approval for its long-running attempt to acquire Spanish carrier Air Europa after putting forward further remedies to address European regulator competition concerns over the planned acquisition.
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Airline BusinessRegulators in no mood to wave through airline M&A activity
While it quickly became apparent that January 2024 would be remembered as an inauspicious start to the year for airline safety, from the mid-point of the month onwards it was clear that the same would be said regarding consolidation.
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NewsCommission initiates deeper probe into latest IAG-Air Europa tie-up bid
IAG’s latest attempt to acquire Spanish carrier Air Europa is being referred for in-depth investigation by the European Commission over competition concerns.
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NewsIAG eyes operating margin of 12-15% in medium-term
British Airways and Iberia parent IAG has set itself a medium-term profits target of delivering an operating margin of 12-15%.
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Airline BusinessCan European airline group consolidation aims come to fruition?
Consolidation is very much in the air for the three big European airline groups, all of whom are in the process of trying to get acquisitions done and with the prospect of a move for TAP Air Portugal still in the offing.
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PodcastAirline Business Podcast: Consolidation challenges, Riyadh Air, C-suite diversity
Graham and Lewis talk through the growing list of consolidation moves within the global industry, discussing why deals take such a long time to get over the line.
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Airline BusinessAirlines struggle to fast-track consolidation
It is not without reason that the airline industry is one of the least consolidated sectors globally. Regular competition issues are compounded by the inherently international nature of the business, which for a majority of operators involves connecting cities in different countries, even if the consolidation itself is not cross-border.
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NewsIAG chief expects Spanish acquisition, with greater market ‘certainty’ supporting Air Europa deal
IAG group chief executive Luis Gallego sees “more certainty” in the market as providing greater hope that it can complete a deal for Air Europa after a previous acquisition attempt collapsed in late 2021.
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NewsIAG agrees deal to acquire full control of Air Europa
Iberia parent IAG has agreed a deal with Air Europa owner Globalia to acquire the remaining 80% of the Spanish carrier in a transaction it expects to take 18 months to clear regulatory approvals.
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NewsSpain’s Air Europa commits to 737 Max and more 787s
Spanish carrier Air Europa is to take 15 long- and short-haul aircraft under a lease agreement with Irish-based AerCap. Air Europa is to bring in five Boeing 787-9s and 10 737 Max 8s under the pact. It will take delivery of the jets over the course of 2024-26. Air Europa ...
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NewsIAG takes 20% stake in Air Europa
British Airways and Iberia owner IAG has converted a loan to the parent company of Air Europa into a 20% stake in the airline.
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NewsIAG hopeful of clearance to take 20% of Air Europa in next six months
IAG chief executive Luis Gallego is hopeful the group will be cleared to take a 20% stake in Air Europa within the next six months as it continues efforts to finalise its on-off deal for the Spanish carrier.