IAG Secures Discount On Air Europa Buy

IAG
Credit: IAG
International Airlines Group (IAG) has negotiated a lower price for Air Europa as it presses ahead with the strategic acquisition of the Spanish carrier despite the COVID-19 crisis. The €1 billion ($1.2 billion) agreed upon with seller Globalia in November 2019 has been cut in half to €500 million...

Subscription Required

 

IAG Secures Discount On Air Europa Buy 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.