British Airways buys competitor Air Europa for €1 billion
International Airlines Group, the parent company of British Airways and Spain’s Iberia, has agreed to buy Air Europa for €1bn, as it seeks to open up the South American transatlantic market and turn Madrid into Europe’s next hub airport. This means that IAG will now operate a staggering 84% of seats sold domestically in Spain, […]
Monday, November 4, 2019
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