All Air Europa articles
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News
IAG 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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News
Volotea 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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News
Further 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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News
IAG 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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News
IAG 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 Business
Regulators 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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News
Commission 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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News
IAG 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 Business
Can 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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Podcast
Airline 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 Business
Airlines 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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News
IAG 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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News
IAG 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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News
Spain’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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News
IAG 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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News
IAG 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.
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News
Air Europa to lease some of start-up Norse Atlantic’s 787s
Spanish operator Air Europa is to lease four Boeing 787s from the Scandinavian long-haul start-up Norse Atlantic Airways. The 18-month agreement comprises sublease of two 787-9s and two 787-8s. Norse Atlantic says the deal will generate “positive cash-flow” for the airline, by making use of aircraft which would not otherwise ...
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News
IAG to secure exclusivity on Air Europa acquisition through loan to Globalia
IAG has agreed to loan Air Europa parent Globalia €100 million ($111 million) over seven years in a deal that gives the pan-European group exclusivity on rights to purchase the Spanish airline.
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News
Air Europa talking to ‘other European carriers’ about tie-up: IAG chief
Spanish carrier Air Europa is talking to other European carriers about a potential tie-up, according to the chief executive of suitor IAG.
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News
UK regulator drops IAG-Air Europa probe after tie-up termination
UK competition regulators have dropped their probe into the IAG-Air Europa merger, after the two sides terminated the tie-up in the form originally envisioned. IAG had proposed to acquire the whole of Spanish carrier Air Europa’s share capital from parent Globalia, an agreement which was subsequently amended a number of ...