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The original schedule was for the takeover of the Spanish airline Air Europa to be completed around mid-2021. Now the project is wavering because the EU Commission has raised concerns and is conducting one
The startup World2Fly has received some slots at Madrid Airport from Iberia. The background to this is that the IAG member has to make concessions to the EU Commission due to the planned takeover of Air Europa. "We will be the operator
The British Airways parent has to accept another billion dollar loss in the first quarter. At just under 1,1 billion euros, the minus was around 37 percent lower than at the beginning of the pandemic a year earlier. In the first
The Spanish regional airline Air Nostrum applied to the state fund SEPI for a loan of 103 million euros. The carrier, based in Valencia, operates numerous regional routes on behalf of Iberia. Air Nostrum confirmed that
The aviation group has signed a revolving credit facility with a syndicate of banks. The total amount available under the Facility is $ 1,755 billion and will last for a period of three years plus two one-year extension periods
The Corona year 2020 has left deep marks on the International Airlines Group's balance sheet. The group posted a loss of 6,9 billion euros. In 2019 they flew a profit of 1,7
The Spanish airline Air Europa has a new CEO in Valentín Lago. In the past, the manager held management positions at Air Nostrum, Iberia Express and Vueling, among others. Owner Globalia and the state
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 takeover of the Spanish Air Europa by IAG is still on shaky ground. A final decision should now be made. The International Airlines Group and its Spanish subsidiary Iberia are stopping for this occasion
The Austrian Level Europe had to file for bankruptcy in spring 2020. But what will happen to the sister company OpenSkies, which was active on the market as Level France? The IAG repeatedly indicated vaguely that
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