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Turkish Airlines Lodges Takeover Bid for Mallorca's Air Europa

Summary by ITTN
Turkish Airlines has bid to acquire Mallorca-based airline Air Europa, outright, with the view of strengthening its footprint in Iberia and Latin America. Air Europa has attracted major interest from a number of major carriers in recent times – including Lufthansa, Air France-KLM and IAG, which owns Aer Lingus, British Airways and Spanish airlines Iberia and Vueling. Lufthansa and IAG have recently sold their holdings in Air Europa. Turkish Airl…

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Turkish Airlines will enter the capital of Air Europe, becoming a partner of IAG. Two candidates to TAP, Air France/KLM and Lufthansa refused to take a position.

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Turkish Airlines has announced its intention to submit a binding offer to acquire a minority stake in the Spanish airline Air Europa, which is the majority owned by the Hidalgo family. In a statement published on its website, the Turkish company explains that, with the aim of “strengthening its position in the global aviation sector and improving [...] The Turkish Airlines ticket presents a binding offer for a minority stake in Air Europe aparec…

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aerotime.aero broke the news in on Friday, August 8, 2025.
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