US EditionAir France-KLM Withdraws Bid to Acquire Stake in Spain's Air Europa
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7 Articles
Air France-KLM gives up on Air Europa stake deal
Air France-KLM has ended talks with Globalia, the owner of Spanish airline Air Europa, about purchasing a stake in the airline, the Franco-Dutch airline group’s CEO Benjamin Smith announced. “We’ve ended the discussions,” Smith said during the presentation of the group’s half-year results on July 31, 2025, when asked about the status of talks with the Hidalgo family, founders and owners of the Spanish travel group Globalia, which holds an 80% s…
Air France-KLM has revealed very positive results, with a net profit of 649 million euros for the second quarter of this year, almost quadrupled over a year, profiting in particular from the fall in fuel prices and strong demand. If the group confirms the increase in its participation in SAS Scandinavian Airlines, it also announces its withdrawal in the plan to acquire Air Europa. The Franco-Dutch air transport group recorded an operating result…
Air France-KLM Withdraws Air Europa Bid as Lufthansa and Turkish Airlines Are Still in Pursuit - The Bulkhead Seat
Air France-KLM has officially withdrawn from trying to acquire a stake in the Spanish carrier and SkyTeam airline known as Air Europa. This ended a four-month negotiation with the airline’s parent company, Globalia. The decision came after Air France-KLM failed to reach a deal on valuation terms. This exit narrowed the field of contenders for Air Europa. It’s now actively entertaining proposals from Germany’s Lufthansa Group as well as Turkish A…
Air France-KLM Pulls Out of Bid to Acquire Stake in Spain’s Air Europa
Air France-KLM has officially withdrawn from the bidding process to acquire a stake in Spain’s Air Europa, marking a significant development in the European aviation sector. The decision comes amid mounting challenges within the industry and underscores the complexities facing major carriers seeking consolidation in a competitive market. This move effectively narrows the field for [...]
Air France-KLM Withdraws Bid to Acquire Stake in Spain's Air Europa
Air France-KLM has officially withdrawn from the bidding process to acquire a stake in Spain’s Air Europa, marking a significant development in the European aviation sector. The decision comes amid mounting challenges within the industry and underscores the complexities facing major carriers seeking consolidation in a competitive market. This move effectively narrows the field for potential investors in Air Europa and raises questions about the …
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