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An Air Europa 787-8 in Madrid (Photo: AirlineGeeks | William Derrickson)

IAG Lowers Maximum Price for Air Europa Acquisition

International Airlines Group (IAG) — the parent company of British Airways, Aer Lingus and Iberia, among other carriers — seems to be looking to reduce the price it would pay to acquire Spanish carrier Air Europa, below the value of 1 billion euros ($1.18 billion) at which both carriers had agreed to make the transaction last November when the deal was originally announced. As reported by Spanish tabloid El Confidencial, IAG would be looking to pay between 300 million euros…

Paraguay Resumes Commercial Flights

The main Paraguayan international airport, Silvio Pettirossi located in Asunción, resumed its commercial activities on Oct. 21, which were suspended since March 24. The Guaraní airport, located in the city of Minga Guazú, Alto Paraná, also restarted its operations. The official resumption of the commercial routes took place during a…

Qatar Airways Becomes Third Airline to Suspend Its Route to…

Qatar Airways joins Air New Zealand and Emirates in announcing that it will halt flights to Argentina. The three airlines confirmed that operations will not be resumed to the South American country even after the restrictions for commercial flights ends. On April 24 earlier this year Air New Zealand was…

Uruguay Reopens Borders with the European Union

Uruguay's Minister of Tourism, Germán Cardoso, announced on Tuesday that Uruguay will reopen borders for tourism to European Union citizens. This decision was made after the resumption operations between Madrid and Montevideo in July have worked positively. According to Hosteltur, Uruguay's borders were opened to its citizens residing abroad, foreigners…

Madrid Poised to Become Major European Hub with IAG’s Air…

IAG announced the purchase of Air Europa for a value of one billion euros. The holding company of Iberia, British Airways, Aer Lingus, Vueling, and Level said that the operation "offers significant potential synergies in terms of costs and revenues." IAG informed that the acquisition should be completed in the…

Air Europa Seeks Entry into Brazil’s Domestic Market

Air Europa applied last Friday to operate domestic flights within Brazil. The move is a direct result of new laws in Brazil allowing foreign airlines 100 percent ownership of Brazilian airlines, whereas foreign ownership was previously limited to 25 percent. Brazil's congress approved last Wednesday the new law, which included…

Ryanair Ends Partnership with Air Europa

Irish low-cost carrier Ryanair and Globalia Group’s Spanish carrier Air Europa have announced an end to their cooperation that had enabled both airlines to share each other's long and short haul capabilities. Ryanair‘s head of marketing, Kenny Jacobs, cited the inability to integrate the computer and booking systems between both…

Air Europa Continues to Grow Latin American Market, Nears Long-Standing…

Over the past few years, Air Europa has been strengthening its route network between its hub in Madrid and Latin America, with flights to Guayaquil, Ecuador; San Pedro de Sula, Honduras and Cordoba, Argentina via Asuncion Paraguay, having been added in the last two years. The airline now flies to…

Air Europa Converting Entire Long-Haul Fleet to Dreamliners

Spain's third-largest airline and Ryanair partner Air Europa is expanding and modifying its long-haul fleet, aiming for a fleet consisting exclusively of Boeing 787 Dreamliners to achieve ambitious goals, according to ABTA magazine. Air Europa’s current fleet consists of Boeing 787 Dreamliner and Airbus A330 aircraft, with the latter type being…

Ryanair and Air Europa: Closer Than Ever Before

In May 2017, Irish ultra-low-cost carrier Ryanair and Globalia Group's Spanish carrier Air Europa announced a partnership that would advance in phases towards an improved passenger experience. The goal was simple: to mutually benefit from the other company's route offerings. Now, that plan seems to be moving forward. Air Europa…