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IAG’s commitments to win EU approval for Air Europa takeover out for market testing

By Natalie McNelis and Nicholas Hirst ( November 12, 2021, 16:02 GMT | Insight) -- Airline group IAG has offered commitments on a variety of domestic, short- and long-haul routes to and from Spain in a bid to win EU approval for its takeover of Spanish airline Air Europa, MLex has learned. The European Commission is currently surveying the market for reactions to the concessions. The EU merger regulator has until Jan. 4 to reach its verdict on whether the offer is enough to eliminate concerns about the owner of Iberia and Vueling absorbing one of the last remaining independent Spanish carriers.International Consolidated Airlines Group has offered commitments on a variety of domestic, short- and long-haul routes to and from Spain in a bid to win EU approval for its takeover of Spanish airline Air Europa, MLex has learned....

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