IAG, which through Iberia announced on Monday the historic purchase of Air Europa for 1,000 million euros, has revealed to its investors, as it has been able to verify that the airline will leave SkyTeam, an alliance of which it was part along with Delta, Air France, Aeroflot, Aeromexico, Aerolineas Argentinas, Alitalia, KLM, Korean Air, China Airlines, Saudia, Vietnam Airlines and Garuda.
The IAG airlines, on their side, are integrated into Oneworld, an alliance that will suffer a sensitive casualty such as Latam Airlines after the purchase of 20 percent of its capital by Delta, and that was an important support for Iberia in Your links in Latin America.
A decade ago, the three major Spanish airlines of that time - Iberia, Air Europa and Spanair - were each integrated into one of the three major alliances in the world such as Oneworld (the IAG airline), SkyTeam (Air Europa) and Star Alliance (Spanair), so that in the future Spain-based aviation will have a single great global alliance with Oneworld.
The IAG air holding, owner of British Airways, Iberia, Vueling and Aer Lingus, announced on Monday an agreement to buy the Spanish airline Air Europa for 1,000 million euros (about 1,120 million dollars). The group has signed a transaction agreement with Globalia, owner of Air Europa, to acquire the airline and, thus, significantly increase connections with Latin America and the Caribbean (Iberia buys Air Europa to grow in Latin America).
The IAG airlines, on their side, are integrated into Oneworld, an alliance that will suffer a sensitive casualty such as Latam Airlines after the purchase of 20 percent of its capital by Delta, and that was an important support for Iberia in Your links in Latin America.
A decade ago, the three major Spanish airlines of that time - Iberia, Air Europa and Spanair - were each integrated into one of the three major alliances in the world such as Oneworld (the IAG airline), SkyTeam (Air Europa) and Star Alliance (Spanair), so that in the future Spain-based aviation will have a single great global alliance with Oneworld.
The IAG air holding, owner of British Airways, Iberia, Vueling and Aer Lingus, announced on Monday an agreement to buy the Spanish airline Air Europa for 1,000 million euros (about 1,120 million dollars). The group has signed a transaction agreement with Globalia, owner of Air Europa, to acquire the airline and, thus, significantly increase connections with Latin America and the Caribbean (Iberia buys Air Europa to grow in Latin America).
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