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IAG’s Air Europa deal draws in-depth EU investigation

( January 24, 2024, 17:00 GMT | Official Statement) -- MLex Summary: International Consolidated Airlines Group’s second bid for Spanish rival Air Europa has triggered an in-depth investigation by the European Commission, over concerns it could harm competition on several domestic, short-haul and long-haul routes. The commission now has until June 7 to decide on the deal, though the review can be extended by up to 35 working days. Statement follows....

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