The European Commission (EC) has sent a new statement of objections over the proposed acquisition of Air Europa (UX, Palma de Mallorca) by IAG International Airlines Group via its Spanish subsidiary Iberia (IB, Madrid Barajas).

The Commission said the merger “may restrict competition in the market for passenger air transport services, in particular for routes within, to and from Spain” and is concerned that customers could face increased prices and decreased quality of services post transaction. IAG is looking to acquire the remaining 80% of…

Source: ch aviation
Read more: Brussels issues IAG/Air Europa merger objections