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Turkish Airlines to Bid $320mn for 26-27% of Air Europa
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Air France-KLM and Lufthansa gave up and will concentrate their efforts on entering the TAP as shareholders.
Turkish Airlines to bid $320mn for 26-27% of Air Europa
Turkish Airlines (TK, Istanbul Airport) has submitted a EUR275 million euro (USD320 million) binding offer to acquire between 26% and 27% of Spanish carrier Air Europa (UX, Palma de Mallorca), according to local news reports. Separately, Turkish Airlines confirmed to Türkiye’s public disclosure platform (Kamuyu Aydinlatma Platformu - KAP) that it had decided to submit an offer to acquire a minority stake as investing in Air Europa “will be compa…
The weekly airliners.de-[Wirtschafts-Briefing] (https://www.airliners.de/thema/briefing). This time, among other things, with Ausflütungsplanen at Austrian Airlines, interest in Air Europa in Turkey and the exit from the participation negotiations on the part of the Lufthansa Group.
After the withdrawal of Air France-KLM, Turkish Airlines remains the main candidate for the Spanish company
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