European Union antitrust authorities have extended until Dec. 3 the deadline for a decision on the €500 million offer made by International Airlines Group, owner of British Airways and Iberia, for Air Europa.
See also: Air Europa increases flights to Honduras and resumes route to Panama.
The European Commission, which last month opened a full-scale investigation over concerns that the deal could lead to reduced competition on Spanish local and international routes, had previously set a Nov. 5 deadline, Reuters reported.
Since the start of the pandemic, the EU competition regulator has extended its deadlines in several merger cases in order to give companies more time to gather the information on customers and rivals needed to assess the deals.
IAG may have to make concessions, such as giving up certain routes, to get EU approval for the Air Europa deal.
Related Topics
DGCA Orders Air India to Re-inspect Specific Systems on its Boeing 787s Following Recent Incidents
India Fines IndiGo Airline for Irregularities in Pilot Training
New Navi Mumbai Airport to Begin Operations in December
India and China Resume Direct Flights After Five-Year Suspension
Plataforma Informativa de Aviación Comercial con 13 años de trayectoria.