British Airways: Owner IAG shells out £352m to sweep up remainder of Spanish carrier

British Airways: Owner IAG shells out £352m to sweep up remainder of Spanish carrier

City A.M.

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British Airways’ owner International Airlines Group (IAG) will pay €400m (£352m) to Spanish firm Globalia for the remaining 80 per cent stake of its Air Europa carrier.  IAG said the move will allow it to tap into the Latin America and Caribbean market as well as to increase ties to Asia.  The owner of Britain’s [...]

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