The International Airlines Group (IAG) has announced it will convert the €100 million loan it gave to Globalia to a 20% share stake at Air Europa. Acquiring this share will only be possible by also keeping Air Europa and Iberia –a key member of IAG and Spain’s main carrier– independent of each other.
Read More Here: IAG Becomes Air Europa’s Second-Largest Shareholder With 20% Stake | SimpleFlying.com
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