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Exclusive-IAG will consider selling 20% stake in Air Europa, CEO says

Published by Global Banking & Finance Review

Posted on March 27, 2025

1 min read

· Last updated: January 24, 2026

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By Joanna Plucinska LONDON (Reuters) - British Airways-owner IAG will consider selling its 20% stake in Air Europa as the Spanish airline's owner continues talks with Air France-KLM and Lufthansa to

IAG Weighs Selling 20% Stake in Air Europa Amid Ongoing Talks

By Joanna Plucinska

LONDON (Reuters) - British Airways-owner IAG will consider selling its 20% stake in Air Europa as the Spanish airline's owner continues talks with Air France-KLM and Lufthansa to sell a stake in the company.

"It's something that we are going to decide when (Globalia) take a decision about what they do with the company. We can stay or we can leave," IAG CEO Luis Gallego told Reuters.

IAG scrapped a deal to buy Air Europa last year after it couldn't convince EU competition regulators that its proposed remedies were sufficient.

(Reporting by Joanna Plucinska. Editing by Mark Potter)

Key Takeaways

  • IAG may sell its 20% stake in Air Europa.
  • Air Europa's owner is in talks with Air France-KLM and Lufthansa.
  • IAG previously scrapped a deal to buy Air Europa.
  • EU competition concerns halted the previous deal.
  • Decision pending on Air Europa's future ownership.

Frequently Asked Questions

What is the main topic?
The article discusses IAG's consideration of selling its 20% stake in Air Europa amid ongoing talks with Air France-KLM and Lufthansa.
Why did IAG scrap the previous deal?
IAG scrapped the previous deal to buy Air Europa due to EU competition regulators' concerns about the proposed remedies.
Who is involved in the current talks?
Air Europa's owner is in talks with Air France-KLM and Lufthansa regarding a stake in the company.

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