IAG Lowers Maximum Price for Air Europa Acquisition

International Airlines Group (IAG) — the parent company of British Airways, Aer Lingus and Iberia, among other carriers — seems to be looking to reduce the price it would pay to acquire Spanish carrier Air Europa, below the value of 1 billion euros ($1.18 billion) at which both carriers had agreed to make the transaction last November when the deal was originally announced. As reported by Spanish tabloid El Confidencial, IAG would be looking to pay between 300 million euros and 400 million euros… (airlinegeeks.com) Más...