IAG has placed a 113m euro take over bid for Vueling.
It would be interesting to see what the European commission and competition regulators make of this? And where does this leave the newly created Iberia Express?
I would imagine IAG will see competition from easyJet – who will also want to increase their presence in the country (they recently announced the closure of their Madrid base, leaving the airline without any Spanish hubs).
By: Matt-100 - 10th November 2012 at 22:53
How many weekly slots do Vueling have at Heathrow, if any?
Ahh, I see where you’re going 😉
42 weekly movements (21 slot pairs)
By: steve wilson - 10th November 2012 at 21:44
How many weekly slots do Vueling have at Heathrow, if any?
By: Snow Monkey - 8th November 2012 at 21:08
it sounds like IAG is taking a controlling stake directly, leaving the remainder with Iberia, which is useful to them because otherwise there would be problems with Iberia and Iberia Express whose labor negotiations have been difficult. With IAG taking control of Vueling, Iberia Express can just be dropped… or otherwise have their negotiations ‘forced’ by threat of doing so now in light of Vueling. i believe they’ve stated that they intend to continue Vueling operations as a distinct entity/ distinct management/ rules, albeit syncronized with other operations obviously.
By: EGTC - 8th November 2012 at 20:33
Will they just absorb them into Iberia, like they absorbed BMI into BA?
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November 8, 2012 at 5:41 pm