Air Europa could soon be divided into three parts

Embraer 195 at Madrid Airport (Photo: Jan Gruber).
Embraer 195 at Madrid Airport (Photo: Jan Gruber).

Air Europa could soon be divided into three parts

Embraer 195 at Madrid Airport (Photo: Jan Gruber).
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The Spanish government supports the ailing Air Europa with 475 million euros. The airline is also advised to restructure the company. 

Air Europa is to be divided into three parts: Air Europa, Air Europa Holding and the low-coster called Air Europa Express. Each unit would have a five-person board of directors. Its members should be able to be appointed on the one hand by the previous owner Globalia and on the other hand by SEPI, an umbrella company in Spain for the administration of state-owned companies and investments. It is not known what Air Europa thinks of the proposal.

The airline probably has other problems, because the pandemic is troubling everyone involved. And the crisis will not be over with the government's aid package. That's why a sale is in the offing, the IAG would like to take over the carrier. But in a slimmed-down form. In plain language: Air Europa has to lay off employees. The management level is currently in consultation, and the result should be presented in two weeks, like the aviation portal Swiss Aviation reported. The union doesn't feel good about this.

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Editor of this article:

Granit Pireci is an editor at Aviation.Direct and specializes in aviation in Southeast Europe. Before that he worked for AviationNetOnline (formerly Austrian Aviation Net).
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Granit Pireci is an editor at Aviation.Direct and specializes in aviation in Southeast Europe. Before that he worked for AviationNetOnline (formerly Austrian Aviation Net).
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Nobody likes paywalls
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Information should be free for everyone, but good journalism costs a lot of money.

If you enjoyed this article, you can check Aviation.Direct voluntary for a cup of coffee Coffee trail (for them it's free to use).

In doing so, you support the journalistic work of our independent specialist portal for aviation, travel and tourism with a focus on the DA-CH region voluntarily without a paywall requirement.

If you did not like the article, we look forward to your constructive criticism and / or your suggestions for improvement, either directly to the editor or to the team at with this link or alternatively via the comments.

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