Air France-KLM in Talks to Acquire 20% Stake in Air Europa After €65M Family Rescue

Nov 27, 2024, 07:24 AM

Air France-KLM is reportedly in negotiations to acquire a 20% stake in Air Europa, the Spanish airline, following the collapse of Air Europa's previous acquisition attempt by IAG. Air Europa has confirmed that there are 'several interested parties' in purchasing the airline, with Air France-KLM being one of the potential buyers. The potential investment by Air France-KLM could provide a strategic partnership for Air Europa, which has recently received a €65 million capital injection from the Hidalgo family to avoid legal dissolution proceedings.