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British Airways owner IAG said on Monday that it has had agreed to buy Spanish carrier Air Europa for 1 billion euros ($1.12 billion) in cash as it set its sights on the market in European travel to Latin America. Montevideo, Air Tanzania, Boeing 787 8, Air Carrier, Airline Logo, Boeing Aircraft, Boeing 787, Us Soldiers, Dusseldorf

IAG acquires Spanish Air carrier Air Europa for 1 billion euros

British Airways owner IAG said on Monday that it has had agreed to buy Spanish carrier Air Europa for 1 billion euros ($1.12 billion) in cash as it set its sights on the market in European travel to Latin America. “Acquiring Air Europa would add a new competitive, cost-effective airline to IAG, consolidating Madrid as […]

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