{"id":165942,"date":"2024-06-10T13:00:41","date_gmt":"2024-06-10T13:00:41","guid":{"rendered":"https:\/?p=165942"},"modified":"2024-06-10T15:00:18","modified_gmt":"2024-06-10T15:00:18","slug":"eu-regulators-extend-deadline-for-iag-to-offer-remedies-on-air-europa-deal","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2024\/06\/eu-regulators-extend-deadline-for-iag-to-offer-remedies-on-air-europa-deal.html","title":{"rendered":"EU regulators extend deadline for IAG to offer remedies on Air Europa deal"},"content":{"rendered":"\n

EU antitrust regulators have given British Airways and Iberia owner IAG<\/strong> more time to offer fresh remedies to ease their concerns about its bid for full control of Spain’s Air Europa<\/strong>.<\/p>\n\n\n\n

IAG had faced a Monday deadline to offer concessions but the deadline has now been extended to June 24 and the European Commission will make its decision by July 29, a spokesperson for the Commission said on Monday.<\/p>\n\n\n\n

“On 7 June 2024, the Commission decided to extend the phase II procedure in this case by a total of 10 working days,” the spokesperson said.<\/p>\n\n\n\n

\u2192 Air Europa to offer more than 8.5 million seats this summer<\/a><\/em><\/strong><\/p>\n\n\n\n

“Accordingly, the deadline for the parties to submit remedies in this case is now 24 June 2024, while the deadline for the Commission to take a decision is now 29 July 2024.”<\/p>\n\n\n\n

IAG had in February proposed remedies which the EU competition enforcer had deemed insufficient to address worries about reduced competition in Spanish domestic routes and short-haul and long-haul routes as a result of the deal.<\/p>\n\n\n\n

The carrier subsequently sought to allay regulators last month saying it was in talks with Avianca, Binter, Iberojet, Ryanair, Volotea, and World2Fly to cede long-haul and short-haul routes to its rivals.<\/p>\n\n\n\n

It is also willing to give up more than 40% of Air Europa’s 2023 flights to other airlines to boost competition.<\/p>\n\n\n\n

IAG is paying 400 million euros ($430 million) to Spanish tourism company Globalia for the 80% of Air Europa it does not own to improve its Latin American market share, expand into Asia and allow its Madrid hub to compete with other major airports in Europe.<\/p>\n\n\n\n

With information from Reuters<\/a><\/p>\n\n\n\n

Related Topics<\/h2>\n\n\n\n\t\t\t
\n\n\t\t\t\t\t\t\t\t\t\t\t\t
\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t

\n\t\t\t\tITA Airways Expands Asian Presence with Increased Flights to Bangkok and New Delhi<\/a>\n\t\t\t<\/h4>\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t
\n\t\t\t\tRead More<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t
\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t

\n\t\t\t\tAsian Airlines Capitalize on Surging Demand to Europe Amid Gulf Hub Crisis<\/a>\n\t\t\t<\/h4>\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t
\n\t\t\t\tRead More<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t
\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t

\n\t\t\t\tPhilippine Airlines Expands US Network with New Direct Manila-Chicago Route<\/a>\n\t\t\t<\/h4>\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t
\n\t\t\t\tRead More<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t
\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t

\n\t\t\t\tKorean Air Redefines Luxury at Incheon Airport: Modernization of VIP Lounges Completed<\/a>\n\t\t\t<\/h4>\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t
\n\t\t\t\tRead More<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t","protected":false},"excerpt":{"rendered":"EU antitrust regulators have given British Airways and Iberia owner IAG more time to offer fresh remedies to…\n","protected":false},"author":4316,"featured_media":101710,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[1],"tags":[210,230,197,269,410,292],"class_list":{"0":"post-165942","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-airlines","8":"tag-air-europa-2","9":"tag-airline","10":"tag-airlines","11":"tag-europe","12":"tag-iag-2","13":"tag-spain"},"uagb_featured_image_src":{"full":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/10\/Air-Europa-B787.jpg",800,400,false],"thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/10\/Air-Europa-B787-150x150.jpg",150,150,true],"medium":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/10\/Air-Europa-B787-300x150.jpg",300,150,true],"medium_large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/10\/Air-Europa-B787-768x384.jpg",768,384,true],"large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/10\/Air-Europa-B787.jpg",800,400,false],"1536x1536":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/10\/Air-Europa-B787.jpg",800,400,false],"2048x2048":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/10\/Air-Europa-B787.jpg",800,400,false],"pk-small":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/10\/Air-Europa-B787-80x80.jpg",80,80,true],"pk-thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/10\/Air-Europa-B787-300x225.jpg",300,225,true],"csco-small":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/10\/Air-Europa-B787-80x80.jpg",80,80,true],"csco-intermediate":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/10\/Air-Europa-B787-200x140.jpg",200,140,true],"csco-thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/10\/Air-Europa-B787-380x220.jpg",380,220,true],"csco-thumbnail-alternative":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/10\/Air-Europa-B787-300x180.jpg",300,180,true],"csco-thumbnail-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/10\/Air-Europa-B787-380x190.jpg",380,190,true],"csco-medium":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/10\/Air-Europa-B787.jpg",800,400,false],"csco-medium-alternative":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/10\/Air-Europa-B787-560x336.jpg",560,336,true],"csco-medium-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/10\/Air-Europa-B787.jpg",800,400,false],"csco-large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/10\/Air-Europa-B787.jpg",800,400,false],"csco-large-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/10\/Air-Europa-B787.jpg",800,400,false],"csco-extra-large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/10\/Air-Europa-B787.jpg",800,400,false]},"uagb_author_info":{"display_name":"Redacci\u00f3n - Aviaci\u00f3n al D\u00eda","author_link":"https:\/\/aviacionaldia.com\/en\/author\/aad"},"uagb_comment_info":0,"uagb_excerpt":"EU antitrust regulators have given British Airways and Iberia owner IAG more time to offer fresh remedies to…","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/165942","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/users\/4316"}],"replies":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/comments?post=165942"}],"version-history":[{"count":2,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/165942\/revisions"}],"predecessor-version":[{"id":165950,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/165942\/revisions\/165950"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/media\/101710"}],"wp:attachment":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/media?parent=165942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/categories?post=165942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/tags?post=165942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}