IAG Will Ditch Air Europa Plan If Conditions Are Punitive, Says CEO

air europa 787-8
Credit: Joe Pries Aviation
LONDON—International Airlines Group (IAG) remains prepared to walk away from its proposed acquisition of Spain’s Air Europa, if competition remedies demanded by the European Commission (EC) prove too onerous, the group said May 10. Speaking on IAG’s 2024 first quarter (Q1) earnings call, CEO Luis...

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