IAG Acquires Air Europa For 50% Off The Original Purchase Price Of €1 Billion

In November of 2019 IAG, the parent of British Airways, Iberia, Aer Lingus, Vueling, and Level had reached an agreement to acquire its Madrid based rival Air Europa for €1B but this deal has now been renegotiated reflecting the impact of the pandemic. A new update from IAG reveals that the two parties have agreed … Continue reading IAG Acquires Air Europa For 50% Off The Original Purchase Price Of €1 Billion