The relationship between Air Europa and Iberia cools down and

the chances of closing a purchase agreement are less and less

.

The Globalia airline, in fact, is negotiating with another European operator, as confirmed this Friday by Luis Gallego, CEO of IAG, at the press conference after the presentation of the group's results.

Although Gallego has not mentioned it, it would be Air France, which was already interested in the Spanish company in its day.

"Globalia is talking to other possible operators, at least one European airline.

We are not the ones who are looking for alternatives

," said Gallego, who stressed the importance of this operation for Spain, as it would enhance the Madrid hub. decks.

For this reason, he believes that if Air Europa finally falls into the hands of other operators "

this agreement would be catastrophic for the interests of Spain

".

Javier Sánchez-Prieto, president of Iberia, has also stressed the loss that it would entail for Spain, since "IAG is the best positioned to develop the Madrid hub".

Gallego has confirmed that the meetings with Globalia "are more sporadic" and has insisted that Iberia is making every effort to complete the operation.

"It's not going to be for us. We are making every effort to buy a company that is in a critical situation. We have looked for alternatives," he said.

locks

The deal was announced in 2019 but was blocked and complicated by the pandemic.

Last December the companies broke the initial agreement to be able to negotiate new conditions, and for this Iberia even had to pay 75 million to Globalia.

Both companies

gave each other a few weeks to reach an agreement

, but that deadline was also exceeded.

The fact that Air Europa is negotiating with other airlines is another obstacle, although IAG insists that the operation is strategic for Spain.

"If there is an agreement that makes sense, we will do it. But if Globalia decides that it prefers to go with another operator with a presence in another hub, that will be the case," Gallego criticized.

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