IAG is evaluating pathways to relinquish Ryanair so that Brussels will give the go-ahead to buy Air Europa

The group’s chief executive insists the purchase will only go ahead “if it makes economic sense”.

The Holding will study the privatization of the Portuguese group TAP to decide whether it is interested in acquiring part of its capital.

IAG CEO Luis Gallego efe

Neria San Esteban


Updated at 4:20 p.m.

IAG, the group that owns brands such as Iberia, Vueling or British Airways, remains cautious about buying Air Europa, which is currently being scrutinized by Brussels. “At the moment we are talking to the competition authorities. We know there is to be sure …

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