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IAG Considers New LCC in Madrid Amid Iberia Express Pilot Dispute, Weighs Air Europa Stake Decision

International Airlines Group (IAG) is exploring the potential launch of a new low-cost carrier (LCC) in Madrid, should salary negotiations with Iberia Express pilots fail to reach a resolution. At the same time, the Group is reconsidering its position in Air Europa, weighing the possibility of maintaining its 20% stake without participating in an upcoming capital increase.

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