Tag: european hub

• Tuesday, November 5th 2019 - 09:34 UTC

  IAG, Iberia and British Airways parent company takes over Air Europa for €1bn

  

  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.