DELIVERING 52% OF Flights FOR PURCHASE APPROVAL
RR | Miami | June 20, 2024
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RELATED TOPICS: A330-300, A350-900, Air Europa, Avianca, Boeing 787 Dreamliner, Abra Group, Iberostar Group, IAG, Iberia, Iberojet, Miami, Wamos, World2Fly
Iberia recently submitted to the European Commission an update of its 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 some 5,700 annual Flights, for which Avianca, World2Fly and Iberojet are competing to keep the business.
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.
For its part, World2Fly intends the routes with a fleet of three A350-900 and two A330-300, while Iberojet, of the Barceló group, has seven aircraft, six for long-haul Flights, two A350-900, two A3300-900Neo and two A330-300, as stated by Preferente.
According to Anea data consulted by the same medium, Air Europa in 2023 made a total of 10,958 Flights with Boeing 787 Dreamliner aircraft to and from the Madrid hub, so 52% would be approximately 5,700 annual Flights.
As reported REPORTUR.us, 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,” a source from Preferential. (Iberia will give up more Air Europa routes to close the purchase).
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.”
