IAG-Air Europe merger: new remedies sent to Brussels

Eu Competition Commission to take final decision by July

A new package of corrective measures has been presented to obtain the green light from Brussels for the privatization of the Air Europa carrier. This is a further series of remedies proposed by the International Airlines Group (IAG), which controls various airlines including British Airways, the Spanish Iberia and Vueling, and the Irish Aer Lingus. The aim is to respond to Brussels' concerns about the possible impact on competition.

The latest remedies proposed by IAG to the technicians of the European Competition Commission, led by Margrethe Vestager, are not known. What is certain is that Brussels did not consider the previous package of corrective measures sufficient: transfer of up to 40% of Air Europa's airport slots and no routes operated exclusively by Air Europa and Iberia after the merger. The flight windows had attracted the interest of the airlines Avianca, Binter Canarias, Iberojet, Ryanair, Volotea and World2Fly.

IAG is trying to acquire 80% of Air Europa (it already holds 20%), currently in the hands of the Spanish company Globalia, for 400 million euros put on the table by its subsidiary Iberia, the Iberian flag carrier. Brussels, which took longer to decide, will have to make a definitive decision by 29 July 2024.

On the same topic, see also the article published by AVIONEWS.

Gic - 1258771
Brussels, Belgium, 06/12/2024 14:05
AVIONEWS - World Aeronautical Press Agency

AirlinesIAG relaunches on the purchase of Air Europa

It will sell up to 52% of routes operated by the Spanish airline to competing companies

The decision on the marriage between the European aviation group Iag and the air carrier Air Europa will arrive by 20 August 2024. This is the provisional deadline set by the European Commission. In fact,... more

AirlinesBrussels against IAG-Air Europa marriage

Remedies are not enough; new objections from the European Commission

The European Commission has raised new objections to the proposed acquisition of the Spanish carrier Air Europa by the International Airlines Group (IAG). The sacrifices proposed by the two companies were... more

AirlinesAircraft and transport: carrier privatizations in the balance

In addition to the ITA-Lufthansa dossier, there is also an offer from the lAG Group to acquire Spanish Air Europa

Various privatization procedures underway in Europe hang in the balance. There is not only the ITA-Lufthansa dossier, but also the offer of the lAG Group (International Airlines Group) to acquire the Spanish... more

Similar

AirportsAci Europe: calls to suspend the EU-Qatar Aviation Agreement raise serious concerns

For Europe’s airports, communities and economy

Importantly, there is no tangible evidence that the EU Qatar agreement has resulted in Qatar Airways gaining a dominant or unfair market position at the expense of European airlines. In fact, Qatar Airways has not expanded significantly in the European market in recent years –as evidenced by the fact that the airline’s seat capacity deployed in Europe in the current IATA Winter season (October 2025–March 2026) remains -10% below its pre-pandemic (2019) level more

AirlinesLufthansa Cargo: management changes

Gunnar Loehr, Markus Cirjan and Philip Rauchhaus

Lufthansa Cargo welcomes three executives to new positions: on 15 February 2026, Gunnar Loehr will take over as Head of Region DACH & KAM Emea. In this role, the former Head of Supply Management and Infrastructure... more

Civil aviationAirbus and Singapore complete HTeaming flight trials

Demonstration has involved a UAS and a helicopter - PHOTO

Airbus and Singapore’s Defence Science and Technology Agency (DSTA) have successfully concluded a pioneering HTeaming flight campaign at a Singapore airbase. This flight demonstration marks the very f... more