MADRID (SPAIN) – IAG member Iberia and Spain’s Air Europa should examine the pros and cons of merger, said Spanish Industry Minister Reyes Maroto on Wednesday. The merger plan was announced before the pandemic struck.
“It is up to them to assess pros and cons (…) we will accompany them”, she said.
Last month, the CEO of International Consolidated Airlines Group said in an interview with El Pais that the firm was reviewing its planned 1 billion euro (906.56 million pounds) acquisition of Air Europa in the wake of the harsh economic climate caused by COVID-19.
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