Category Archives: Air Europa

Ryanair eyes slots IAG may have to hand over as a possible solution in the proposed Air Europa acquisition

Ryanair Boeing 737-8 MAX 8 (200) EI-IHE (msn 67084) BFI (Nick Dean). Image: 960779.

In February 2023, IAG, the owner of British Airways and Iberia, announced its intention to acquire the remaining 80% of the shares in Air Europa that it did not already own for 400 million euros ($431.2 million).

IAG is now facing roadblocks on the acquisition from the European Commission and may be forced to give up some important slots to gain approval.

Ryanair is expressing interest in acquiring the slots if they become avaialble.

Go deeper. Read the full report from Reuters:

https://www.reuters.com/business/aerospace-defense/ryanair-eyes-slots-iag-may-hand-over-remedies-air-europa-purchase-report-2023-06-12/

Top Copyright Photo: Ryanair Boeing 737-8 MAX 8 (200) EI-IHE (msn 67084) BFI (Nick Dean). Image: 960779.

Ryanair aircraft photo gallery:

Ryanair aircraft photo gallery
Volume 2

Will Air Europa ever take delivery of its Boeing 737-8 MAX 8 order?

Air Europa was planning to lease 10 new Boeing 737-8 MAX 8 jets from AerCap.

The pictured EC-NBL was recently painted in the full Air Europa livery. However the airframe has now taken on the C-GFOF registration on the Canadian register.

The aircraft will now be repainted for Flair Airlines.

This aircraft also follows C-FLUJ which was also painted for Air Europa but has also gone to Flair Airlines.

The question now arises; will Air Europa ever take delivery of a MAX aircraft?

Time will tell.

Top Copyright Photo: Air Europa Boeing 737-8 MAX 8 C-GFOF (EC-NBL) (msn 44302) BFI (Nick Dean). Image: 959148.

Air Europa aircraft photo gallery:

 

 

AerCap signs lease agreements with Air Europa for 5 Boeing 787-9 Dreamliners and 10 Boeing 737-8 MAX 8s

AerCap Holdings N.V. today announced it has signed lease agreements with Air Europa Líneas Aéreas S.A.U. for the long-term lease of five Boeing 787-9 Dreamliner aircraft and ten Boeing 737-8 MAX 8 aircraft.

The aircraft are scheduled to deliver beginning in 2024 through 2026.

Air Europa will become the first Spanish operator of the Boeing 737 MAX aircraft.

Air Europa aircrtaft photo gallery:

Air Europa opens summer flights to Athens and Alghero

Air Europa has made this announcement:

Air Europa faces the summer with the resumption of its routes to Athens and Alghero, with both expanding its network in Europe by operating in high season in a total of 35 European and national destinations, and in another 20 in America.

It will be in June when the airline opens its route to Athens, operated with its most modern and efficient fleet, the Boeing 787 Dreamliners, which combine the highest environmental performance with maximum comfort.

The company, which will cover this route until the end of October, will link the Madrid hub with the Greek capital two days a week, specifically on Wednesdays and Sundays; and makes more than 28,000 seats available to the customer, exceeding the capacity offered in the summer of 2019.

A month later, in July, Air Europa will open its second summer destination heading to Alghero, on the island of Sardinia, where it will also fly twice a week, on Thursdays and Saturdays. Open until the beginning of September, the route will connect Madrid with this city in northwestern Sardinia with more than 30 flights.

With Athens and Alghero, Air Europa expands its presence in Europe during the summer and reinforces the expansion announced and initiated by the airline last April, and which is based on a notable increase in sales since the end of last year.

Over the next few months, Air Europa will increase its offer with the incorporation of eleven new aircraft, five of them Boeing 787 Dreamliner and six Boeing 737, with which it advances in its fleet unification process that allows it to increase the number of seats per plane, optimizing the number of flights and increasing the offer in both economy and business class.

At the end of the year, the long-haul fleet will be the same as in 2019 and Air Europa will now fly to its 23 destinations on the American continent.

Air Europa aircraft photo gallery:

Iberojet and Air Europa sign an interline agreement

Formerly Evelop Airlines and Orbest Airlines

Iberojet has signed a new interline agreement with Air Europa.

The new agreement will allow Iberojet to connect its long-range flights with Air Europa’s Spanish and European network.

Iberojet operates routes to Punta Cana (PUJ), Cancun (CUN), Havana (HAV), Varadero (VRA), San Jose de Costa Rica (SJO), Los Cabos (SJD) and Mauritius (MRU) from Spain and Portugal.

Route Map:

Top Copyright Photo: Iberojet Airbus A350-941 EC-NGY (msn 400) FRA (Bernhard Ross). Image: 954059.

Iberojet aircraft slide show:

IAG to provide a loan to Air Europa’s owner in return for a possible 20% share

International Airlines Group (IAG)’s quest to acquire Air Europa is not lost. IAG is still in the game. IAG is providing a lifeline to Globalia, the owner of Air Europa.

IAG will offer a 100 million euros seven-year unsecured loan to Globalia.

In return, IAG will have the option to trade the loan into a possible 20 percent share of Air Europa.

The deal is conditional on the approval from syndicated banks.

IAG and Globalia are moving ahead to cancel the Air Europa takeover

From Reuters:

IAG and Globalia are advanced talks to undo the previously-agreed plan to acquire Air Europa according to Reuters.

Read the full story:

https://www.reuters.com/markets/deals/iag-advanced-talks-cancel-air-europa-acquisition-2021-12-15/

The CMA is investigating the anticipated acquisition of Air Europa Líneas Aéreas by IAG

IAG / Air Europa merger inquiry

The Competition and Markets Authority (CMA) (UK) issued this short statement:

The CMA is investigating the anticipated acquisition of Air Europa Líneas Aéreas, S.A.U., Aeronova S.L.U., León Activos Aeronáuticos, S.L.U. and Globalia Lease Finance Seven Limited (together, Air Europa) by International Consolidated Airlines Group, S.A.

The CMA is considering whether it is or may be the case that this transaction, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

ITA Airways and Air Europa sign a codeshare agreement

ITA Airways and Air Europa have signed a broad codeshare agreement connecting the networks of the two airlines. Thanks to this commercial partnership, which starts today 8th November 2021, ITA Airways will increment its operations and commercial offer on Spain and Canary and Balearic Islands.
Customers will have more options and better flight schedules when traveling through the two airlines’ hubs in Rome and Madrid. Following this agreement, ITA Airways’ and Air Europa’s customers can now fly seamlessly to their desired destination with a single ‘unique’ ticket, checking-in at the airport of departure, and collecting their checked-through baggage at the end of their trip in the arrival airport. ITA Airways will apply its ‘AZ’ code on services operated by Air Europa between Italy and Spain. Similarly, Air Europa will code share AZ flights between Barcelona, Madrid and Rome, connecting Italian domestic services beyond Rome Fiumicino Airport and selected connecting international services.
Marco Finelli reporting from Italy.

Air Europa owner Globalia to furlough 60% of staff if COVID-19 support ends

From Reuters:

“Globalia will seek to reach an alternative furlough agreement with its unions should the Spanish government not extend its COVID furlough program, which will expire at the end of this month.”

https://www.reuters.com/business/aerospace-defense/air-europa-owner-globalia-furlough-60-staff-if-covid-support-ends-2021-09-22/