SKY Airline, based in Chile, and Air Europa, headquartered in Spain, have entered into an interline agreement, enabling seamless connectivity for passengers through key hubs in Madrid and Medellin. The partnership enhances travel options across Europe and Latin America, strengthening ties between the two regions.
Binter, the Spanish regional airline, has announced the launch of six new routes from Tenerife North Airport in 2025. The airline will connect Tenerife to Ponta Delgada, Valencia, San Sebastian, Pamplona, Granada, and Murcia, strengthening its network across Spain and the broader Atlantic region.
LEVEL, the Spanish long-haul low-cost carrier, has taken delivery of an Airbus A330-200, identified by serial number 1319. The aircraft, operated by Iberia (Spain), is powered by Rolls-Royce Trent 772B-60 engines, further enhancing LEVEL’s operational capacity on long-haul routes.
Air Europa Holdings, a leading Spanish carrier, anticipates closing 2024 with a turnover of nearly $3 billion, reflecting a 6.3% year-on-year increase. The growth comes as the airline focuses on reducing its leverage while continuing to expand and modernize its fleet. As part of its fleet expansion strategy, Air Europa plans to add three Boeing 787 Dreamliners and its first Boeing 737…
LEVEL, a Spanish airline and a subsidiary of International Airlines Group (IAG), has announced plans to wet-lease its Airbus A330 aircraft to Iberia, another IAG carrier, during its ongoing process to secure a foreign air carrier permit and interim exemption authority from the US Department of Transportation (DOT). The move aligns with the US-EU Open Skies agreement, which facilitates…
International Airlines Group (IAG), headquartered in the UK, has reaffirmed its commitment to its stake in Air Europa, Spain’s prominent airline. The group announced its decision to participate in Air Europa’s capital increase, contributing $16.8 million to the initiative. This move ensures that IAG retains its 20% ownership in the airline, solidifying its strategic position in the Spanish and broader…
Wamos Air (Spain) has announced a comprehensive reshuffle of its board following its integration into the Abra Group (UK). The move reflects the airline’s strategic realignment under the group’s leadership and its focus on bolstering governance and operational oversight. Effective immediately, Eduardo Montes will step down as chairman, with Adrian Neuhauser, a key figure within the Abra Group, taking over…
Arcano Partners (Spain) has announced the successful completion of its second transaction through its investment vehicles Arcano Aviation Fund and Arcano Capital Aviation. The transaction involves the acquisition of two Airbus narrowbody aircraft, both of which are under existing lease agreements with Wizz Air (Hungary).
3TOP Aviation Services (UK) has announced the acquisition of an Airbus A318, serial 2931, along with its associated engines, serials 577823 and 697130. The ex-Tarom aircraft was recently ferried to the ecube facility in Spain, where it will be dismantled for material recovery.
Air Nostrum (Spain) has announced its inability to meet upcoming debt repayment deadlines, prompting discussions with the Sociedad Estatal de Participaciones Industriales (SEPI) and the Instituto de Crédito Oficial (ICO). The airline faces significant financial obligations, including substantial repayments spread over the coming years.
