FlyerTalk Forums - View Single Post - IAG Half Year Results & Termination of Air Europa Deal
Old Aug 5, 2024 | 2:21 pm
  #16  
enapace
All eyes on you!
 
Join Date: Jul 2024
Location: Wales
Posts: 68
Originally Posted by Prospero
PYOK reported today: British Airways Owner IAG Eyes TAP Air Portugal For Takeover After Abandoning Acquisition Of Air Europa

“Sources within the Madrid-based airline group claim IAG now sees TAP Air Portugal as a crucial way to expand its presence in Latin and South America—a long-sought goal that the Air Europa takeover was meant to address”

“TAP Air Portugal could, however, be a much easier win for IAG, although the airline group will face competition from other European airlines, including the Air France-KLM group and potentially Germany’s Lufthansa.”

https://www.paddleyourownkanoo.com/2...of-air-europa/
Might even be the better target they don't have a presence much in Portugal least they already had a strong one in Spain with Iberia. Would make IAG a very very Airbus heavy fleet though even more than they are now.
enapace is offline