Air Europa Lineas Aereas

IAG has formally notified the EC of its plans to acquire Air Europa and pledged to propose remedies it hopes will allow for quick approval of the deal in 2024.

IAG is still in the pre-notification phase of the transaction and is still submitting information to the European Commission, the group's CEO reveals.

In some cases, parts are in short supply. In others, raw materials needed for repairs are not available.

Strong demand across the network fueled the a €1 billion quarterly profit, with Spanish airlines in particular outperforming, IAG said.

Airline consolidation is gaining traction in Europe: Air Europa and TAP Air Portugal are next in line to be acquired.

If antitrust concerns in Brussels scupper the takeover deals dreamt of by the big three European airline groups, other paths are available.

Routes details the latest new route announcements, as well as the services returning to carriers’ networks.

Routes details the latest new route announcements, as well as the services returning to carriers’ networks.

Kuwait Airways and Jazeera Airways have each unveiled plans to develop their networks.

Routes details the latest new route announcements, as well as the services returning to carriers’ networks.

Routes details the latest new route announcements, as well as the services returning to carriers’ networks.

Routes details the latest new route announcements, as well as the services returning to carriers’ networks.

Routes details the latest new route announcements, as well as the services returning to carriers’ networks.

The European Commission is looking into the impact of the proposed deal on 70 O&D city pairs.

A weekly round-up of the latest news from the aviation industry as airlines and airports seek to recover from the COVID-19 crisis.

The south Florida hub served an average of 28,000 passengers daily in July, up from just 6,000 daily in April.

After being denied in its quest to form a joint venture with LATAM Airlines Group and American Airlines – and then seeing rival Delta Air Lines take a stake in LATAM – International Airlines Group is strengthening its position on transatlantic services to South America with the acquisition of Air Europa. Routesonline looks at the current state of play on Europe – Latin America routes.

Iberia owner International Airlines Group has agreed to pay €1bn for Spanish airline Air Europa as it seeks to make Madrid a hub that will challenge rivals such as Amsterdam, Frankfurt and London Heathrow.

This week: Air Europa is to offer a new service to Israel; Iberia plans Guayaquil resumption; and Transavia to increase Middle East presence.

Carriers from across the globe will be attending the leading route development forum to negotiate their network strategy.

Senior network planners from leading airlines confirm that they will be heading Down Under for the 25th World Route Development Forum.

This week: Air Europa adds new route to Argentina, WOW to open 14th US destination and Lufthansa to resume Pune service.

SkyTeam partners Air France-KLM and Air Europa are hoping that a planned joint venture agreement on flights between Europe and Central and South America will help to unlock new routes and direct flights between the two continents.

Ecuador hopes the adoption of an Open Skies policy will attract more international operators to the Latin American country and unlock new routes.

The Spanish carrier is due to start service to Ramón Villeda Morales International Airport in San Pedro Sula, Honduras in April 2017. This route will be the nineteenth link to the Americas served by the airline.