Javier Hidalgo Covid-19 does not frustrate his millionaire plan
Economy Javier Hidalgo raises his stake in Globalia to 17% by purchasing 7% from Unicaja
Javier Hidalgo,
son
Juan José Hidalgo,
founder of Globalia, has resigned as CEO of the group that owns the airline
Air Europa,
the
Halcón Viajes
and
Viajes Ecuador
travel agencies
and the
Be Live
hotels
, according to the economic prize.
All these companies are involved in merger or sale processes and Hidalgo's resignation comes
after the sale of Air Europa to IAG
(owner of Iberia) and the merger of the rest with the agencies of the Barceló group.
Hidalgo's departure, advanced by
Expansión
and other media, comes after months in which the business suffered greatly from the coronavirus crisis.
Javier Hidalgo led the sale of Air Europa to IAG, an operation that closed last January for
500 million
euros.
The airline requested a
rescue
from the State Society of Industrial Participants (SEPI)
due to the unsustainable financial situation caused by the pandemic, which was approved and finally amounted to 475 million euros.
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