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Comment: IAG-Air Europa's EU approval may turn on potential to upgrade Madrid 'hub'

By Natalie McNelis ( May 27, 2021, 15:18 GMT | Comment) -- IAG’s bid to take over Spanish airline Air Europa may turn on the potential for Madrid to emerge as an airport “hub” to rival Amsterdam, Frankfurt, Paris and London. The companies are touting this to the European Commission as a procompetitive development, while also moving to offset the most obvious concerns about concentration within Spain and on routes to Latin America.IAG's bid to take over its Spanish rival Air Europa will be a hard sell for EU antitrust watchdogs, because allowing the top Spanish players to come under the same roof raises red flags about competition both on the domestic market and for flights to Latin America....

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