Published by Global Banking & Finance Review®
Posted on March 27, 2025
1 min readLast updated: January 24, 2026
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IAG might sell its 20% stake in Air Europa as the airline's owner engages in talks with Air France-KLM and Lufthansa. The decision follows a previously scrapped acquisition deal.
By Joanna Plucinska
LONDON (Reuters) - British Airways-owner IAG will consider selling its 20% stake in Air Europa as the Spanish airline's owner continues talks with Air France-KLM and Lufthansa to sell a stake in the company.
"It's something that we are going to decide when (Globalia) take a decision about what they do with the company. We can stay or we can leave," IAG CEO Luis Gallego told Reuters.
IAG scrapped a deal to buy Air Europa last year after it couldn't convince EU competition regulators that its proposed remedies were sufficient.
(Reporting by Joanna Plucinska. Editing by Mark Potter)
The article discusses IAG's consideration of selling its 20% stake in Air Europa amid ongoing talks with Air France-KLM and Lufthansa.
IAG scrapped the previous deal to buy Air Europa due to EU competition regulators' concerns about the proposed remedies.
Air Europa's owner is in talks with Air France-KLM and Lufthansa regarding a stake in the company.
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