iberia buys air europa

IAG stil commited to accord with Globalia

Iberia Will Buy Air Europa But At Half The Initial Price: €500 Million

The Spanish airline and its UK parent company IAG have approved the acquisition of Air Europa for €500 M. With the provison that SEPI facilitates the final agreement. This figure is half of what was agreed a year ago when the operation began to be forged due to the impact of the pandemic. The payment will not be made until 2026.