International Airlines Group (IAG), the group owning Iberia and British Airways, has reached a deal with Globalia to buy Air Europa for €400 million to be disbursed over the next five years and thus fully owns the Spanish carrier of which it had already acquired 20% for €100 million last year.
Just the week Aerolíneas Argentinas announced the return of seven weekly flights between Buenos Aires' Ezeiza and Madrid's Barajas, Spanish carrier Air Europa said it was coming back to the Argentine city of Córdoba, a service which had to be lifted due to the COVID-19 pandemic.
Aircraft manufacturer Boeing keeps coming across unexpected hurdles. Now they have detected a quality problem with the 787 Dreamliner model, which has led to delays in the delivery of the newer units, in addition to drawing increased scrutiny from the Federal Aviation Administration (FAA).
IAG, the parent company of Iberia and British Airways, has agreed to buy Spanish airline Air Europa for €1bn in a move it says will strengthen Madrid’s position as a European hub. It will be the airline group’s third Spanish brand, behind the flag-carrier and low-cost Vueling.
Spanish tourism and transportation company Grupo Globalia will launch a new air carrier in Brazil, Brazilian Infrastructure Minister Tarcísio Gomes de Freitas said in a message posted on Twitter this weekend.
International airlines operating in Venezuela have 3.3 billion trapped because of currency controls, the International Air Transport Association, IATA, revealed. Airlines have to wait around 12 months for the government to convert their Bolivar earnings into dollars, with the time lag growing, according to the Venezuela Airline Association.
Sights of the Atlantic beaches from the hills surrounding the Uruguayan coast can be admired while travelling to Piccadilly Circus or to Westminster Palace in any one of the 75 London cabs with publicity contracted by Uruguay’s Ministry of Tourism began on the 17th June.