IAG buys Air Europa
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IAG buys Air Europa
https://www.iairgroup.com/en/newsroo...iag-air-europa
Iberia, Vueling and Air Europa are now under the same umbrella.
Iberia, Vueling and Air Europa are now under the same umbrella.
Air Europa was saved in 1991 from the collapse of the British Air Europe's International Leisure Group (ILG)
From ILG to IAG
From ILG to IAG
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I'm surprised that the EU competition commissioner hasn't something to say about it. It must mean that IAG now dominate MAD and routes from Spain to S America.
R
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Norwegian ,Evelop,Plus Ultra, Aerolíneas Argentinas,Avianca,LATAM ... users have plenty of options to travel to South America.
Some of this airlines are seasonal charter outifts , which by themselves doesn't represent anything* and they will be gone in the next financial crisis ,but* when you add them together takes away a piece of the cake in the crowded MAD market.
Others like Avianca or Aerolíneas Argentinas are either government backed (institutionally or financially).
Norwegian albeit fighting for survival has implemented an agressive expansion program at MAD and BCN.
On the other hand its hard to say how an airline with such a different culture will fit in the spanish branch of IAG.
Lets wait and see.
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I suppose in the same way that Lufthansa dominate Frankfurt, Air France dominate Paris CDG and KLM dominate Amsterdam.
"Interestingly, the IAG press release on the deal does not mention the carrier's departure from Skyteam, yet the full analyst presentation confirms that it will leave the alliance in a meagre one-line statement - "Air Europa to leave Skyteam". No further information is given on its withdrawal from the alliance or a planned timeline."
https://www.ch-aviation.com/portal/n...o-exit-skyteam
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celtibero, I particularly like the " different culture " statement. I remember a training session with all Spanish carriers, except for Iberia, at Palma Airport many moons ago. Air Europe people knew everything better. they thought they were the cream of all airlines. They were not arrogant, but absolutely self-centered. Good, they join the IAG Group, but they will not be a easy partner, that´s for sure.
Having flown with Air Europa, transatlantic a few times, full fare business class, it is clear they offer an excellent service. My bet is they will be an asset to IAG.
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celtibero, I particularly like the " different culture " statement. I remember a training session with all Spanish carriers, except for Iberia, at Palma Airport many moons ago. Air Europe people knew everything better. they thought they were the cream of all airlines. They were not arrogant, but absolutely self-centered. Good, they join the IAG Group, but they will not be a easy partner, that´s for sure.
Incident: Air Europa B738 at Lanzarote on Oct 31st 2008, departed runway on landing
Hmmm...
Last edited by midnight cruiser; 5th Nov 2019 at 15:16.
