international support to close integration

Changes in antitrust rules are expected with pressure and proposals from Germany and France to expedite mergers such as that of Iberia with Air Europa so that European companies can compete on a global level.

These two European governments take advantage of the European Union elections to give a different approach to the rules, which benefits the integration of Air Europa, since they are at a key moment of negotiation of remedies, as stated Preferential.

Apparently, the annoyance of France and Germany is with the competition commissioner, Margrethe Vestager, who is in charge of the purchase of Air Europa by IAG, parent company of Iberia, in addition to that of Ita Airways by Lufthansa and who is not gave way to the merger between Alstom and Siemens, as this would have allowed them to compete with China.

As reported REPORTUR.usRecently, 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. During his intervention at the CREO forum, organized by Cinco Días, he assured that he 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” regarding “specific routes,” it is confident that the operation will move forward steadily “whether Europe happens or it doesn’t.” It is “a unique opportunity” to take a “leap and reach the level of the great European hubs.”