{"id":119740,"date":"2019-11-04T00:00:00","date_gmt":"2019-11-03T22:00:00","guid":{"rendered":"https:\/\/rhn.ro\/iag-group-acquires-spanish-airline-air-europa-for-e1-billion\/"},"modified":"2026-03-27T13:59:18","modified_gmt":"2026-03-27T11:59:18","slug":"iag-group-acquires-spanish-airline-air-europa-for-e1-billion","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/iag-group-acquires-spanish-airline-air-europa-for-e1-billion\/","title":{"rendered":"IAG Group acquires Spanish airline Air Europa for \u20ac1 billion"},"content":{"rendered":"<div>IAG Group, which owns several airlines, including British Airways, has announced the acquisition of the Spanish company Air Europa for \u20ac1 billion, a transaction that will expand its presence in Spain, where IAG already owns the national carrier Iberia and the low-cost operator Vueling.<\/div>\n<div><\/div>\n<div>Air Europa serves 69 domestic and international destinations, including Europe and long-haul routes in Latin America, the USA, the Caribbean, and North Africa.<\/div>\n<div><\/div>\n<div>The Spanish company recorded a turnover of \u20ac2.1 billion and an operating profit of \u20ac100 million last year.<\/div>\n<div><\/div>\n<div>Also in 2018, Air Europa transported 11.8 million passengers with a fleet of 66 aircraft.&nbsp;<\/div>\n<div><\/div>\n<p>Source: <a href=\"http:\/\/www.economica.net\" data-wplink-url-error=\"true\">Economica<\/a><\/p>\n<h3>Frequently Asked Questions<\/h3>\n<p><strong>What is the value of the transaction between IAG and Air Europa?<\/strong><\/p>\n<p>The transaction value is \u20ac1 billion, the amount paid by the IAG group to acquire the Spanish operator.<\/p>\n<p><strong>Which other airlines does the IAG group already own in Spain?<\/strong><\/p>\n<p>In Spain, the IAG group already owns the national carrier Iberia and the low-cost operator Vueling.<\/p>\n<p><strong>How many aircraft are in the Air Europa fleet?<\/strong><\/p>\n<p>At the time of the transaction, Air Europa operated a fleet consisting of 66 aircraft.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IAG Group, which owns several airlines, including British Airways, has announced the acquisition of the Spanish company Air Europa for \u20ac1 billion, a transaction that will expand its presence in Spain, where IAG already owns the national carrier Iberia and the low-cost operator Vueling. Air Europa serves 69 domestic and international destinations, including Europe and&hellip;<\/p>\n","protected":false},"author":0,"featured_media":67855,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2856],"tags":[],"thb-sponsors":[],"class_list":["post-119740","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conectivity"],"article_style_override":"","post-style":"","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/transport-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/119740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=119740"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/119740\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/67855"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=119740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=119740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=119740"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=119740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}