Juan José Hidalgo Defends the Viability of Air Europa and Denies Dependence on Moncloa: "No Government Has Ever Helped Me to Anything"

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Hidalgo defends the credit of 475 million SEPI, denies favoritisms and emphasizes that it has endorsed it with its heritage.

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The president of Globalia and Air Europa, Juan José Hildalgo, faces with optimism the new shareholder stage of his company, tied with the entry of Turkish Airlines (with 26%), which has given him "a total rest" and "there is no longer any economic concern or viability". "We do not owe money to any bank or institution, the company is growing and opening new routes" has recognized the director who has placed his trust in his new partners during an…

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The government is willing to do everything possible to keep the file of the rescue of Air Europa in absolute secrecy that, according to Koldo García, could have facilitated the wife of Pedro Sánchez, Begoña Gómez . And this includes appealing to the courts every decision that obliges him to make public key documents. With this strategy he is managing to avoid his handover for almost four years, when the Transparency Council decided for the first…

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Last November, Air Europa signed the agreement with Turkish for 300 million, consisting of a loan of 275 million, which will become shares later (about 26% of the airline) and another 25 million in the purchase of titles that were in the hands of Globalia, which will now remain with 54%. Air Europa then cancelled the rescue of 475 million Sepi. “The Turks anticipated the Germans [Lufthansa], who wanted to govern the company. But as long as I liv…

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Air Europa's president, Juan José Hidalgo, stated this Friday that IAG and its CEO, Luis Gallego, "are behaving very well," but that they are not allowed to "manage or give their opinion" about the company because one of the group's airlines, Iberia, is its direct competitor, while IAG is interested in Turkish Airlines having a board member. Read more

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The president of Globalia and Air Europa, Juan José Hidalgo, said this Friday that the loan of 475 million euros received by the airline of the fund managed by the State Society of Industrial Participations (SEPI) was obtained "by pure effort and pure sweat of all the directors", without "no government" having helped "never anything".