Mergers & Acquisitions Mergers & Acquisitions

IAG declines to amend Air Europa deal in bid for EU approval; in-depth probe may follow

By Natalie McNelis
  • 23 Jun 2021 04:05
  • 23 Jun 2021 04:05
International Airlines Group has skipped the chance to amend its buyout of Air Europa to ease EU clearance for the deal, MLex has learned. 

The fact that it didn’t offer concessions — in a case where MLex understands the commission has raised concerns about overlaps on nearly 80 domestic Spanish routes, and around 60

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