A day after the European Commission announced an in-depth investigation into the proposed acquisition of ITA Airways by Lufthansa, Brussels presents another one: IAG’s proposed acquisition of independent Spanish carrier Air Europa. Again, the EC is concerned that the acquisition might…
International Airlines Group (IAG) is launching a new transformation program that should improve the efficiency and resilience of all its airlines, result in sustainable operating profits, produce world-class margins, and deliver higher customer satisfaction. IAG will adopt the successful transformation…
Air passengers in Spain are being tested as they have to accommodate strikes from easyJet and Iberia Express since this weekend, while Ryanair will be affected (again) next week. All strikes are organized by unions that call for higher salaries…
International Airlines Group (IAG) is not giving up on its plans to acquire Spanish carrier Air Europa. IAG and the airline’s owner Globalia have reached an agreement for a seven-year, unsecured loan of €100 million. It also provides exclusivity to…
Embraer has sold its two Portuguese aerostructure units to Aernnova in Spain for $172 million. At the same time, the two companies have signed a long-term supply agreement to safeguard the supplies of assemblies to Embraer, they announced on January…
Airbus will establish a new entity of its UpNext innovation subsidiary and a third Zero Emission Development Center (ZEDC) in Spain to help develop the future generation of hydrogen airliners, it announced on December 10. The two units strengthen the…