Iberia presents even more guarantees to be able to buy Air Europa

Iberia presents new remedies to the European Commission to obtain approval for the purchase of Air Europa. These include the extension of guarantees for consumers, especially on transatlantic routes, but in addition, this automatically extends the deadline set for this Monday, June 10, according to information from sources. Preferential.

According to this information, Iberia has presented a new package of remedies “with some adjustments compared to the previous one”, which includes “improvements arising from the constructive dialogue that we have been maintaining with the European Commission with the aim of the purchase of Air Europa being carried out.” with all the guarantees for consumers,” they added.

The company’s proposal, which is improved, “represents an automatic extension of 15 working days of the deadline for the final decision on the operation,” the same sources mentioned.

Likewise, they indicated that they agreed with the Commission “a deadline extension of another 10 business days to give more time to study the remedies. The possibility of extension is contemplated in the process and is routinely used when complex operations are examined.”

With this, the postponement would be a few weeks since “the sum of both enlargements will cause the European Commission’s decision to be delayed a few weeks,” they stated.

As reported REPORTUR.usIn May, the president of Iberia, Marco Sansavini, confirmed that the airline would be willing to expand route transfers to carry out the integration of Air Europa. I assured at the time that I was “open to any indication about remedy takers.” (Iberia would give up more routes to close the purchase of Air Europa).

In this sense, although Brussels has shown some “concern” in “specific routes”, it is confident that the operation will advance steadily “whether Europe happens or it doesn’t happen.” It is “a unique opportunity” to take a “leap and reach the level of the great European hubs.”