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The management of the International Airlines Group rubs their hands together. Because Air Europa gets it at a bargain price. Instead of paying the Spanish airline as originally agreed, it is not paying a billion euros, but only half. In fact
Air Europa owner Globalia and the International Airlines Group have agreed on an amendment to the acquisition agreement dated November 4, 2019. Accordingly, the IAG will no longer be one billion euros, but only 500 million euros
The Spanish airline Air Europa will take over a total of 16 Boeing jets later. Deliveries should actually start this year, but will not be made until next year at the earliest. 14 B737 Max 8 and two B787-9 are affected
The Spanish airline Air Europa ended the use of the aircraft type Airbus A330-200. These were returned to the respective lessor. The carrier recently used ten machines of this type. The company confirmed to CH-Aviation.com that the
The respective supervisory boards of the International Airlines Group and the subsidiary Iberia have given the go-ahead for the takeover of competitor Air Europa. The purchase price is only 500 million euros and should only be in the year
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
The planned takeover of the Spanish airline Air Europa by the International Airlines Group could drag on because various conditions for state aid are currently being renegotiated. Furthermore, the IAG should not exceed 300 to 400
The Spanish airline Air Europa received approval from the state industrial holding Sepi for an aid package worth 475 million. This is granted in the form of loans. In the next step, the Spanish government must take the measure
The Spanish airline Air Europa has announced that long-haul connections to the United States of America and Latin America will be expanded again. The carrier announced that by December 2020, 18 out of 23 long haul routes
Only a few days ago it became known that the Air Europa parent company Globalia had applied for state aid in the amount of 400 million euros in Spain. The reaction from Ryanair was not long in coming:
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