IAG Will Consider Selling Air Europa Stake, Reuters Says, Citing CEO

Dow Jones

03/27

--International Consolidated Airlines will consider whether to sell its 20% stake in Air Europa as the low-cost carrier's Spanish owner considers the company's future, IAG Chief Executive Luis Gallego told Reuters.

--Gallego's comment comes as Globalia, Air Europa's parent, is in talks with Air France-KLM and Deutsche Lufthansa regarding the sale of a stake in the company, Reuters reports.

--IAG abandoned its approach to buy Air Europa last year after it couldn't clear regulatory conditions.

Full story: https://shorturl.at/dGdoh

Write to Pierre Bertrand at pierre.bertrand@wsj.com

(END) Dow Jones Newswires

March 27, 2025 11:16 ET (15:16 GMT)

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