All Air Europa articles
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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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AnalysisCan 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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NewsletterAirlines 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.
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NewsAir 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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NewsIAG 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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NewsAir 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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NewsUK 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 ...
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In depthWhich airlines launched, failed or merged in 2021?
One of the most counter-intuitive things about the pandemic for the airline sector has been that during the worst crisis the industry has ever faced, relatively few carriers have collapsed.
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NewsIAG competition remedies for Air Europa acquisition were inadequate: Commission
Proposed remedies from IAG to address competition concerns over its acquisition of Spanish carrier Air Europa did not satisfy the European Commission, the regulator has disclosed. IAG and Air Europa have agreed to end the acquisition proposal in its current form, with a view to looking at an alternative structure. ...
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NewsIAG terminates Air Europa deal but agrees January deadline to study new structure
IAG and Globalia have formally terminated their agreement under which Iberia was to acquire fellow Spanish operator Air Europa, but the two sides have settled on an end-January deadline to study alternative structures to revive the deal.
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NewsIAG purchase of Air Europa still alive but only under new deal structure
IAG is exploring options to continue with its purchase of Air Europa under a freshly agreed deal structure, according to the pan-European airline group’s chief executive Luis Gallego.
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NewsIAG in talks to scrap Air Europa takeover
British Airways and Iberia parent IAG is intending to scrap its planned acquisition to take over Spanish operator Air Europa. IAG states that discussions to “terminate the agreement” to acquire Air Europa are “at an advanced stage”. Under the proposal Iberia would have taken over the entire share capital of ...
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NewsUK competition regulator opens inquiry into IAG-Air Europa merger
UK competition regulators have opened a two-month initial inquiry into British Airways parent IAG’s proposed acquisition of Spanish carrier Air Europa. The Competition and Markets Authority is inviting comments on whether the acquisition is likely to result in a “substantial lessening” of competition within any of the UK markets. It ...
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NewsItaly’s ITA Airways seals codeshare with Air Europa
New Italian carrier ITA Airways has struck a codeshare deal with Spain’s Air Europa, as it continues to fill the gap left after Alitalia ceased flights last month.