IAG to complete full purchase of Air Europa
International Airlines Group (IAG), the parent company of British Airways, has announced it aims to buy the remaining 80% of Air Europa it does not already own. The deal, which is subject to regulator...
International Airlines Group (IAG), the parent company of British Airways, has announced it aims to buy the remaining 80% of Air Europa it does not already own. The deal, which is subject to regulator...
Spanish carrier Air Europa has appointed AerFin to support its fleet of seven E190 E-Jet aircraft with a fully bespoke component support program. The BeyondPool support program will provide a dedicate...
Air Europa is reported to be on the brink of bankruptcy without an immediate capital injection of $223 million to continue operations. Despite having received US$686 million from the State (140 throu...
International Airlines Group (IAG) and Globalia have confirmed today that discussions are at an “advanced stage to terminate the agreement” for Iberia to acquire the entire issued share capital of Air...
The UK’s Competition and Markets Authority (CMA) is investigating the anticipated acquisition of Air Europa Líneas Aéreas, Aeronova, León Activos Aeronáuticos, and Globalia Lease Finance Seven (togeth...
Air Europa has reported a loss of €427.7 million last year compared to a profit of 27.7 million in 2019. The airline received a €475 million bailout from the Strategic Companies Solvency Support Fund ...
The Air Europa Board of Directors has approved the appointment of Richard Clark, until now Deputy Director General of the company, as the new General Director of Air Europa, replacing María José Hidal...
Spain’s Air Europa has signed cargo handling contract extensions with Worldwide Flight Services (WFS) in Madrid and Barcelona. The country’s third largest airline, Air Europa has been a WFS customer i...
The European Commission has confirmed that it has opened an in-depth investigation to assess the proposed acquisition of Air Europa by IAG, under the EU Merger Regulation. The Commission states that i...
Spanish media are reported that IAG has succeeded in lowering the acquisition price of Spanish airline Air Europa to between €300-400million. IAG has not confirmed the reports. The purchase price will...
Air Europa has secured a €475 million ($555.85 million) aid package from the Spanish government, which comprises a €240 million equity-backed loan and a €235 million regular loan, according to governm...
MTU Maintenance and Spanish airline Air Europa have signed an exclusive seven year contract for the maintenance, repair and overhaul (MRO) of the airline’s CF34-10E engines. The contract between MTU M...
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