IAG is considering selling its 20pc stake in Air Europa as discussions continue between Air Europa’s owner and major carriers Air France-KLM and Lufthansa
The airline industry in Europe is focusing on consolidation efforts, with an eye on expanding key routes in southern Europe
IAG’s previous deal to acquire Air Europa was abandoned due to insufficient measures to satisfy EU competition regulators
The potential acquisition of TAP in Portugal by IAG is complicated by upcoming elections, which could affect the timeline for the sale
IAG’s strategy involves integrating airlines within its network while maintaining operational control and management flexibility
