Daily Memo: Antitrust Probe Blocks IAG From Surfing Consolidation Wave
As a company that came into being through the 2011 merger of BA and Iberia, it's not surprising that IAG wants to be a consolidator.
Credit: Dan Kitwood/Getty Images
For an airline group that came into being through consolidation, the failure of its latest planned deal must be a big disappointment. International Airlines Group (IAG) said Aug. 1 that it was abandoning plans to take over Air Europa amid an ongoing European Commission (EC) probe into the proposed...
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Daily Memo: Antitrust Probe Blocks IAG From Surfing Consolidation Wave is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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