Air Europa Lineas Aereas

By Graham Warwick
Our roundup of the main aerospace and defense stories making the news this week.
Aircraft & Propulsion

By Helen Massy-Beresford
Air France-KLM has confirmed it is in talks with Air Europa, which is owned by Globalia, amid reports that it is looking to buy a stake in the Spanish carrier.
Airlines & Lessors

By Helen Massy-Beresford
Abra Group, the parent company of Avianca and Gol, says it has completed the acquisition of Spanish wet-lease and charter specialist Wamos Air.
Airlines & Lessors

By James Pozzi
The Spanish airline is utilizing partnerships to overcome industry challenges.
Services & Support

By David Casey
Long talked about European consolidation seems to be gaining traction, if governments can be reassured.
Airlines & Lessors

By Helen Massy-Beresford
International Airlines Group called off the Air Europa deal due to regulatory hurdles.
Airlines & Lessors

By Helen Massy-Beresford, David Casey
The multinational airline group cited regulatory challenges as it announced it was abandoning its plan to acquire Air Europa.
Airlines & Lessors

By Helen Massy-Beresford
For an airline group that came into being through consolidation, the failure of IAG's latest planned deal to take over Air Europa must be a big disappointment.
Airlines & Lessors

By David Casey
After dropping its proposed acquisition of Air Europa, IAG's CEO still sees benefits of consolidation and retains an interest in buying TAP Air Portugal.
Airlines & Lessors

By Helen Massy-Beresford
International Airlines Group (IAG) is abandoning its plan to take over Spanish airline Air Europa, which it hoped would help it boost its Madrid hub.
Airlines & Lessors

By Christine Boynton
IAG CEO Luis Gallego told an audience at Farnborough Airshow that recent action by the European Commission bodes well for its proposed acquisition of Air Europa.
Farnborough Airshow

By Helen Massy-Beresford
The EC is investigating IAG’s plans to buy Air Europa to help expand its Madrid hub, where around two-thirds of traffic is connecting traffic.
Airlines & Lessors

By Jens Flottau, Helen Massy-Beresford
The CEO of IAG went to Brussels to assure the European Commission that IAG's purchase of Spanish airline Air Europa will not harm competition.
Airlines & Lessors

By Alan Dron
International Airlines Group (IAG) may abandon its proposed acquisition of Air Europa if EC competition remedies prove too onerous, the group says.
Safety, Ops & Regulation

By Helen Massy-Beresford
The EC's statement of objections is not an end decision but a formal step in the investigation in which companies involved are informed in writing of objections
Airlines & Lessors

By Kurt Hofmann
Iberia Chairman and President Marco Sansavini says the completion of the Air Europa purchase is one of the main targets to securing Iberia’s future success.
Airlines & Lessors

By Helen Massy-Beresford
It may turn out that a deal that took the industry by surprise when it was announced in late 2023 could be the first to take a concrete consolidation step.
Airlines & Lessors

By Helen Massy-Beresford
This means the probe has been suspended while officials wait for more information and its end-date will be pushed back.
Safety, Ops & Regulation

By Helen Massy-Beresford
European Commission scrutiny and political upheaval are slowing plans for airline consolidation in the region.
Airlines & Lessors

By Alan Dron
The European Commission is concerned the transaction may reduce competition on several domestic, short-haul, and long-haul routes in and out of Spain.
Airlines & Lessors

By Keith Mwanalushi
Air Europa has signed an aviation lubricants deal aimed at supporting fleet performance and sustainability goals.
Supply Chain

By Jens Flottau
For the airline and aerospace industries, many questions about pandemic recovery remain unanswered.
Aircraft & Propulsion

By Victoria Moores
European carriers tack through myriad challenges.
Airlines & Lessors

By Helen Massy-Beresford
IAG has formally notified the EC of its plans to acquire Air Europa and pledged to propose remedies it hopes will allow for quick approval of the deal in 2024.
Airlines & Lessors

By Jens Flottau
IAG is still in the pre-notification phase of the transaction and is still submitting information to the European Commission, the group's CEO reveals.
Airlines & Lessors