IAG Agrees to Fully Acquire Air Europa; Amadeus Recovery Level Holds Steady in Q4

 

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February 27, 2023 IAG Agrees to Fully Acquire Air Europa By Donna M. Airoldi International Airlines Group, parent company of British Airways, Iberia and Aer Lingus, has agreed to acquire the remaining 80 percent of Spanish carrier Air Europa from Globalia for €400 million, the company announced. IAG took a 20 percent stake in the carrier last August. Keep Reading Amadeus Recovery Level Holds Steady in Q4 Air bookings through the Amadeus global distribution system in the fourth quarter reached 71.7 percent of 2019 levels in the same period, holding steady with the recovery rate reported in the third quarter. Keep Reading Virgin Atlantic Names Goggin VP of Global Sales Former British Airways executive Luke Goggin in August will join Virgin Atlantic as VP of global sales. Keep Reading Uniglobe Adds TMCs in Turkey, U.K. and Canada Uniglobe Travel has added three travel management companies to its global network: Istanbul-based Karavan Travel; Wembley, U.K.-based Satguru Travel; and Montreal-based House of Travel. Keep Reading Amadeus GDS Bookings Continue Recovery, As NDC Share Remains 'Very Small' Subscribe to the Beat 301 Route 17 North, Suite 1150 Rutherford, New Jersey, USA 07070

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