All Air Europa articles
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NewsSpain’s Air Europa names new chief as carrier’s ownership and fleet evolve
Spanish operator Air Europa has named Richard Clark as the company’s new chief executive, succeeding Jesus Nuno de la Rosa. Clark has had a long career with the airline, having joined in 1987, and is credited with strengthening the Madrid hub’s links with the Americas and solidifying Air Europa’s international ...
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NewsSpain’s Air Europa defects to Airbus by selecting A350s for fleet renewal
Spanish carrier Air Europa, currently an all-Boeing operator, has provisionally agreed to take up to 40 Airbus A350-900s. Airbus disclosed the memorandum of understanding during the Dubai air show, describing it as a “long-haul fleet replacement”. Air Europa’s long-haul fleet comprises a mix of Boeing 787-8s and -9s. Airbus says ...
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NewsTurkish expects to have 25-27% share of Air Europa after signing investment deal
Turkish Airlines has started the regulatory process for its acquisition of a stake in Spanish carrier Air Europa, expecting it to take six to 12 months. It states that it has signed the partnership transaction agreement covering the €300 million ($346 million) investment. Turkish Airlines expects its minority stake to ...
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NewsAir Europa timeline for 737 Max deliveries shifts
Spanish carrier Air Europa is aiming to build a fleet of 20 Boeing 737 Max jets by mid-2028, having taken its initial two from lessor AerCap. The airline had originally ordered 20 737 Max 8s directly from Boeing in 2016. AerCap disclosed, six years later, an agreement with Air Europa ...
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NewsTurkish Airlines intends to submit binding offer for Air Europa stake
Turkish Airlines is to submit a binding offer to take a minority stake in Spanish carrier Air Europa, having previously indicated interest last year. The Star Alliance carrier has not given any further indication as to the size of the proposed investment. But it says that the “complementary nature” of ...
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NewsTurkish Airlines explores possible investment tie-up with Spain’s Air Europa
Turkish Airlines has disclosed that it is exploring a potential investment in Spanish carrier Air Europa, although details remain vague. It states that it “continuously evaluates growth opportunities” in order to “strengthen its position” and “enhance its competitiveness”. “Non-binding discussions are being held to assess the investment opportunity in Air ...
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NewsAir Transat and Air Europa seek shared expansion with new interline agreement
Canadian leisure carrier Air Transat and Spain’s Air Europa have launched a new interline partnership intended to expand their respective reaches into the other’s domestic markets.
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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.