IAG Converts Loan Into 20% Air Europa Stake

Air Europa
Credit: Oscar Del Pozo / AFP / Getty Images
International Airlines Group (IAG) has become a shareholder in Air Europa, after converting its loan to parent company Globalia into a 20% stake in the Spanish airline. In a statement released Aug. 16, IAG CFO Nicholas Cadbury said, “Further to the announcement made by [IAG] on March 17, 2022...
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.

Subscription Required

 

IAG Converts Loan Into 20% Air Europa Stake is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.