British Airways and Iberia owner IAG has terminated its agreement to purchase Spanish carrier Air Europa from its parent company Globalia, citing the “current regulatory environment”. Reports had ...

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

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.

International Airlines Group has terminated its February 2023 agreement with Globalia to acquire for €400 million the remaining 80 percent stake in Spanish carrier Air Europa, IAG announced Thursday.

The European Union has expressed concerns over the potential anti-competitive effects of the International Consolidated Airlines Group’s (OTC:ICAGY) planned acquisition of Air Europa, valued at ...

IAG would own three Spanish airlines if it acquires Air Europa. It already owns Vueling and Iberia. Photo Credit: Martin Leber/Shutterstock International Airlines Group's proposed acquisition of ...

International Airlines Group (IAG) has revived its interest in Spanish carrier Air Europa. The group had initially agreed to purchase the smaller airline for €1 billion in late 2019. However, the ...

International Airlines Group has reached a new agreement to take 100% control of Spanish carrier Air Europa. IAG expects the deal to close in approximately 18 months, pending regulatory approval. IAG ...