British Airways-owner IAG buys Air Europa in cut-price 500 …

February 25, 2021

Share; Tweet; LONDON (Reuters) – British Airways and Iberia owner International Airlines Group has agreed to buy Spain’s Air Europa for 500 million euros ($606.7 million), after the pandemic cut the price in half and IAG struck a deal to defer payment for six years. Under the amended deal, Iberia, which is buying Air Europa on behalf of IAG …

https://www.globalbankingandfinance.com/british-airways-owner-iag-buys-air-europa-in-cut-price-500-million-euro-deal/

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