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Lufthansa abandons process to buy stake in Air Europa

German airline group Lufthansa has abandoned its plan to bid for a stake in Spanish airline Air Europa, a spokesperson said today.

Business • 05 Aug

IAG scrapped a deal to buy Air Europa last year after it could not convince EU competition regulators that its proposed remedies were enough

IAG will consider selling 20% stake in Air Europa - CEO

Aer Lingus and British Airways-owner IAG will consider selling its 20% stake in Air Europa as the Spanish airline's owner continues talks with Air France-KLM and Lufthansa to sell a stake in the company, IAG's CEO told Reuters.

Business • 27 Mar

In November, the airline said discussions were underway about commercial cooperation with Air Europa

Air France-KLM in ongoing talks with Air Europa

Air France-KLM has met with Air Europa and is continuing talks about taking a stake in the Spanish carrier as it looks to expand its footprint in the Iberian peninsula, Chief Executive Ben Smith told Reuters today.

Business • 18 Mar

Air Europa is 20% owned by Aer Lingus and British Airways-parent IAG

Lufthansa in talks with Air Europa to buy stake - sources

German airline group Lufthansa is in talks with Spanish carrier Air Europa about the possibility of acquiring a minority stake, according to two sources with knowledge of the talks.

Business • 28 Jan

IAG dropped its plan in August to take over Air Europa after European anti-trust watchdog said the remedies offered by the airline group were not enough

Air Europa's owner confirms interest from Air France-KLM

Spanish airline Air Europa's owner Globalia said today there was an interest from Air France-KLM in potentially taking a stake in the airline.

Business • 27 Nov 24

Luis Gallego, the chief executive of IAG

IAG's shares climb after Air Europa deal ditched

Aer Lingus and British Airways owner IAG's shares rose more than 6% today, after the company's stronger than expected performance in the second quarter and its move to scrap a proposed takeover of Spanish airline Air Europa.

Business • 02 Aug 24

It is believed that up to 30 people on the Air Europa flight were hurt

Emergency landing in Brazil after turbulence injuries

An Air Europa Boeing plane has made an emergency landing in South America after several people were injured by "strong turbulence" on a flight from the Spanish capital Madrid to Montevideo in Uruguay, the airline said.

World • 01 Jul 24

IAG, which owns a 20% stake in Air Europa, is paying €400m to buy out remaining shares from Spanish tourism company Globalia

EU vets IAG rivals' ability to take on Air Europa routes

EU antitrust regulators are asking whether rivals proposed by Aer Lingus and British Airways owner IAG to take over some of Spanish airline Air Europa's routes are capable of operating them and competing with IAG, people familiar with the matter have said.

Business • 18 Jun 24

IAG, which also owns Spanish carrier Iberia, had faced a Monday deadline to offer concessions but the deadline has now been extended to June 24

More time for IAG to offer remedies on Air Europa deal

EU antitrust regulators have given British Airways-owner IAG more time to offer fresh remedies to ease their concerns about its bid for full control of Spain's Air Europa.

Business • 10 Jun 24

Aer Lingus owner IAG wants to buy Air Europa

EU has not sought feedback on IAG's Air Europa deal

Aer Lingus and British Airways owner IAG is set to get an EU antitrust warning about its bid to secure full control of Air Europa after its remedies failed to address EU antitrust concerns, people with direct knowledge of the matter said.

Business • 10 Apr 24

IAG said last February it had agreed to buy the 80% of Air Europa it did not already own from Spain's Globalia

IAG's deal for Air Europa may reduce competition - EU

Aer Lingus and British Airways owner IAG's bid to buy out Air Europa may reduce competition on domestic, short-haul and long-haul routes, EU antitrust regulators said as they opened a full-scale probe into the €400m deal.

Business • 25 Jan 24

IAG said in February it had agreed to pay €400m to Spain's Globalia for the remaining 80% of Air Europa which it did not already own

IAG seeks EU antitrust approval for Air Europa deal

Aer Lingus owner IAG said it had sought antitrust approval from the European Union for its previously announced plans to buy out the whole of Spanish low-cost airline Air Europa.

Business • 12 Dec 23

Air Europa is in the process of being taken over by Aer Lingus and British Airways-owner IAG

Spain's Air Europa hit by credit card system breach

Spanish airline Air Europa said today it had suffered a cyberattack on its online payment system that let some of its customers' credit card details exposed.

Business • 10 Oct 23

Air Europa's fleet consists of Boeing 787 Dreamliners and Boeing 737s

IAG buys remaining stake in Air Europa for €400m

Aer Lingus owner International Airlines Group (IAG) has agreed to pay €400 million to Spain's Globalia for the remaining 80% of airline Air Europa it did not already own.

Business • 23 Feb 23

Air Europa will become the first Spanish operator of the Boeing 737 MAX plane

AerCap in deal with Air Europa for 15 new Boeings

AerCap, the world's biggest aircraft leasing company which is headquartered in Dublin, has agreed lease deals with Air Europa for the long-term lease of five Boeing 787-9 aircraft and ten Boeing 737-8 MAX aircraft.

Business • 29 Aug 22

IAG said in late 2019 it had agreed to buy Air Europa for €1 billion, but Covid and competition concerns derailed the merger

IAG says Air Europa deal may take at least 18 months

Luis Gallego, the chief executive of Aer Lingus and British Airways' parent IAG, said today a deal over the protracted acquisition of Spanish low-cost airline Air Europa may take at least 18 months.

Business • 06 Apr 22

IAG has terminated a deal to buy rival Air Europa from privately held Spanish company Globalia

IAG and Air Europa cancel deal, examine other options

Aer Lingus and Iberia-owner IAG and Air Europa are looking at alternative ways to work together, with a deadline set for the end of January, after they cancelled a takeover deal more than a year after it was struck.

Business • 16 Dec 21

IAG had agreed in 2019 to take over Air Europa for €1 billion and this year lowered the price to €500m after Covid-19

IAG in advanced talks to cancel Air Europa acquisition

Aer Lingus and British Airways owner IAG is set to cancel its acquisition of rival Air Europa from privately held Spanish company Globalia after European regulators indicated they would not allow it to go through without further concessions.

Business • 15 Dec 21

The UK Competition and Markets Authority is examining whether the €500m deal for Air Europa would harm competition in the UK

Iberia now more pessimistic about Air Europa deal

Iberia airline's chief commercial officer said the Spain-based company was now more pessimistic than optimistic about the acquisition of its rival Air Europa after the latest regulatory setback in the €0.5 billion takeover bid.

Business • 26 Nov 21

IAG chief executive Luis Gallego said he expects a return to pre-pandemic levels by 2023

IAG says transatlantic bookings close to 2019 levels

The boss of Aer Lingus and British Airways owner IAG said today its transatlantic bookings had already reached nearly 100% of 2019 levels after the United States dropped restrictions earlier this month.

Business • 22 Nov 21

The European Commission said it had concerns that the proposed transaction would reduce competition for Spanish domestic routes and on international routes to and from Spain

EU opens study of IAG planned purchase of Air Europa

The European Commission has opened an in-depth investigation into International Airlines Group's planned purchase of Spain's Air Europa.

Business • 30 Jun 21

IAG had originally agreed to buy Air Europa for €1 billion in November 2019

Aer Lingus owner IAG cuts Air Europa deal to €500m

Aer Lingus and Iberia owner International Airlines Group has agreed to buy Spain's Air Europa for €500m, after the pandemic cut the price in half and IAG struck a deal to defer payment for six years.

Business • 20 Jan 21

IAG set to buy Air Europa for €500m - report

Aer Lingus owner International Consolidated Airlines Group has agreed to buy Spanish carrier Air Europa for €500m with payment to be deferred until 2026.

Business • 18 Dec 20

Air Europa last year carried a total of 11.8 million passengers in 2018 and ended the year with a fleet of 66 aircraft

IAG buys Spain's Air Europa for €1 billion

Aer Lingus and British Airways owner IAG said today it had agreed to buy Spanish carrier Air Europa for €1 billion in cash.

Business • 04 Nov 19

Air Europa