ONCE THE PURCHASE IS APPROVED BY IBERIA
RR | Miami | June 26, 2024
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RELATED TOPICS: Air Europa, Carlos Muñoz, Grupo Abra, Iberia, Iberojet, Miami, Vianca, Volotea, Wamos, World2Fly
The Abra group, parent company of Avianca, has joined forces with Volotea to take over the routes that Air Europa will leave behind when the European Commission approves its purchase of part of Iberia, according to the report Preferential.
This alliance is a joint venture, which will allow them to connect with Europe and Latin America, seeking to make Madrid their hub with 75% of connections, from the first quarter of 2025.
That is, the companies plan to fly to more than 130 destinations in Latin America and the Caribbean, and 20 in Europe, depending on the decision of Brussels, but the alliance ensures that the companies will compete strongly to keep the routes left by Air Europa. .
“The determination to go further, with a fairly competitive and quite good operation. This alliance will allow us to offer a better service to our passengers, contribute to economic growth and improve connectivity between the different regions, always through Madrid,” said Volotea CEO, Carlos Muñoz.
As reported REPORTUR.us, Iberia recently submitted to the European Commission an update of remedies for approval of the purchase of Air Europa, where it plans to give up 52% of the transatlantic routes, which means there will be about 5,700 annual Flights, for which Avianca, World2Fly and Iberojet They are competing to keep the business. (Iberia will give up up to 5,700 Flights a year to Air Europa).
The Abra group, parent company of Avianca, has reached an agreement to invest in the leading wet lease company, Wamos, which has 13 A330s and plans to reach 15 aircraft of the same model by 2025.
