IAG Abandons Air Europa Acquisition Plans

Air Europa Boeing 787-800
Credit: Globalia
International Airlines Group (IAG) has terminated its agreement with Spanish tourism group Globalia for the purchase of Air Europa by IAG subsidiary Iberia. IAG said the two sides had reached an understanding that they would evaluate “alternative structures” that could benefit them both. The two...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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