Originally Posted by
ILS27LEFT
So IAG, which is the Spanish owner of the UK national carrier BA, is investing money to make MAD a true rival of LHR (which means IB, Vueling etc vs BA). It is all pretty clear.
Is the UK government going to allow this?
WW covered this in his interview on Sky. It is not IAG who are buying Air Europa, the purchase is being funded by Iberia out of their budget who are an independent operating entity within the Group and whose Management make their own commercial decisions..