The acquisition of Spanish airline Air Europa by the International Airlines Group (IAG) is not a foregone conclusion. On June 30, the European Commission said it will start an in-depth investigation over concerns that the acquisition may reduce competition on domestic...
International Airline Group’s (IAG) acquisition of Air Europa will strengthen Iberia’s position in Latin America. It allows the Spanish airline more access in the Americas, as Air Europa currently operates to 14 Latin American countries. Enhancing connectivity...
It will take at least another six months to be completed, but the acquisition of independent Spanish airline Air Europa by International Airlines Group’s subsidiary Iberia has taken another hurdle. In an amended agreement announced on January 19, Iberia said it will...
International Airlines Group (IAG) is to stick to its downsizing policy and will continue to restructure its portfolio of airlines as it looks to emerge from the Covid crisis. This will be a painful process with many job losses, but absolutely necessary, the parent of...
British Airways could slash up to 12.000 jobs as it has started a restructuring and redundancy program in response to the Covid-19 crisis, parent company International Airlines Group (IAG) confirmed on April 28. The restructuring will also affect the Group’s...
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