Iberia will give up 52% ​​of Air Europa routes to close the purchase

According to sources of PreferentialIn the new remedy proposal, which it presented to the European Commission a week ago, Iberia would have proposed ceding 52% of Air Europa routes to obtain approval for the purchase.

The difference with the previous proposal from IAG, Iberia’s parent company, is 12%, since it had proposed a 40% reduction in routes. “This does not mean a decrease in capacity, but rather the guarantee that on all routes there are several competitors and, therefore, different options for travelers,” said the source. Preferential.

And he added that “this is a very important effort that demonstrates our interest in the operation and our desire that the purchase of Air Europa be carried out with all the guarantees for consumers.”

As reported REPORTUR.us, Iberia presented 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 this also automatically extends the deadline set for Monday, June 10 to August 20, according to information from sources. Preferential. (Iberia presents even more guarantees to be able to buy Air Europa).

According to this information, the remedy package contains “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 that the purchase of Air Europa is carried out with all the guarantees for consumers,” they added at the time.