Air France-KLM is reportedly in talks to buy a 20% stake in Air Europa for over 100M euros.

Air France-KLM is reportedly in talks to acquire a 20% stake in Spanish airline Air Europa for over 100 million euros, following British Airways' parent company IAG's failed attempt to buy the airline. Air France-KLM has not confirmed the acquisition but has acknowledged discussions about their relationship within the SkyTeam alliance. Shares in Air France-KLM dropped nearly 2% on the news.

November 27, 2024
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