Air Europa

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Template:Short description Template:Use mdy datesTemplate:Infobox airline

Air Europa Líneas Aéreas, S.A.U., branded as Air Europa, is the third largest Spanish airline after Iberia and Vueling. The airline is headquartered in Llucmajor, Mallorca, Spain;<ref>"Corporate Information / Globalia Template:Webarchive." Air Europa. Retrieved on 17 December 2010. "Air Europa Líneas Aéreas, S.A.U. ·Centro Empresarial Globalia. Apdo. Correos-132. 07620 Llucmajor - Baleares - Spain"</ref><ref>"Bases_Sorteo_Ginebra.pdf." Air Europa. Retrieved on 8 November 2012. "AIR EUROPA LÍNEAS AÉREAS S.A. (Sociedad Unipersonal), con domicilio en Polígono Son Noguera, Carretera Arenal-Llucmajor, Km 21,5 de Llucmajor, Mallorca,"</ref><ref>"Fact Sheet Template:Webarchive." SkyTeam. Retrieved on 27 December 2008.</ref><ref>World Airline Directory. Flight International. 16–22 March 2004. "62." "Centro Empresarial Globalia, PO Box 132, Llucmajor, Baleares, 07620, Spain"</ref> it has its main hub at Adolfo Suárez Madrid–Barajas Airport with focus city operations at Palma de Mallorca Airport and Tenerife North Airport.<ref name="auto">Template:Cite web</ref><ref>Template:Cite web</ref><ref>Template:Cite web</ref> Air Europa flies to over 44 destinations in Spain, the rest of Europe, South America, North America, the Caribbean, Morocco and Tunisia.<ref>Template:Cite web</ref><ref name="auto"/> Since September 2007, Air Europa has been a member of the SkyTeam alliance.

History

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Early years

Air Europa started in 1986 (registered in Spain as Air España SA and previously known as such) as part of the British ILG-Air Europe Group and 75% owned by Spanish banks.<ref>Template:Cite web</ref> It originally had a similar livery to Air Europe but with Air Europa titles and its aircraft were registered in Spain. It flew holiday charters from Mediterranean resorts and European cities using Boeing 737-300s and Boeing 757s. It was the first Spanish private company to operate national scheduled flights (besides charter flights which used to be its main business).<ref>Template:Cite web</ref>

When parent company ILG ceased trading in 1991, Air Europa continued profitably with a larger fleet of Boeing 737s and 757s. It signed a franchise agreement with Iberia in January 1998, but this has since been dissolved. It is now owned by Globalia Corporación Empresarial S.A.<ref>Template:Cite web</ref>

At the end of the 1990s, Boeing 737-800 jets were introduced along with a new livery. In June 2005, it was announced Air Europa was among four future associate members of the SkyTeam alliance, due to join by 2006. However, the joining date was postponed, and it did not become a member until 1 September 2007. Air Europa was the parent company for Air Dominicana, the new flag carrier of the Dominican Republic, until bankruptcy was declared for the Dominican Republic carrier on September 21, 2009.<ref>Air Dominicana listed as defunct. Retrieved 2009-09-29 Template:Webarchive</ref>

Developments since 2010

Air Europa retired its last Boeing 767 on April 13, 2012.<ref>Template:Cite web</ref>

On May 22, 2019, the National Civil Aviation Agency of Brazil (ANAC) granted Air Europa permission to operate domestic flights in the country. This was the first time a foreign company was granted such authorisation, after Brazilian laws were changed to allow full foreign ownership of domestic airlines. As of June 2019, no details were available about Air Europa's future domestic operations in Brazil, a market which the airline already serves with international flights from Madrid to Salvador and Recife.<ref name="UOL2019">Template:Cite news</ref>

Proposed acquisition by International Airlines Group

On November 4, 2019, International Airlines Group (IAG) announced plans to acquire Air Europa from Globalia for €1 billion with the deal expected to close in the first half of 2020.<ref name=Flight4nov2019/> At the time, Air Europa operated a fleet of 66 aircraft and had generated an operating profit of €100 million in 2018.<ref name=Flight4nov2019/> IAG stated its intention to integrate Air Europa into Iberia while indefinitely retaining the brand. IAG expected to see an ROI by the fourth year with full synergy by 2025 including inter-group codeshares, bank timing adjustments at Madrid Airport, and sales and loyalty program alignment.<ref name=Flight4nov2019/> In January 2021 amid the COVID-19 pandemic, the parties agreed to cut the transaction price in half to €500 million.<ref>Template:Cite web</ref><ref name="auto"/> Plans for a merger were scrapped in November 2021, with both parties seeking ways to revive it, with a deadline set for the end of January 2022.<ref>Template:Cite web</ref><ref>Template:Cite web</ref><ref>Template:Cite news</ref> However, in August 2022, IAG converted a loan to Air Europa into a 20% shareholding.<ref>IAG takes 20 stake in Air Europa FlightGlobal 16 August 2022</ref>

In February 2023, IAG agreed to buy Air Europa for €400 million, with the brand to remain intact despite IAG's plans to make it part of Iberia.<ref>Template:Cite news</ref><ref>Template:Cite web</ref><ref>Template:Cite web</ref> The decision followed interventions by the Spanish government, a key proponent of the merger.<ref>Template:Cite web</ref><ref>Template:Cite web</ref><ref>Template:Cite web</ref> According to IAG, the merger would allow for the launch of Asia flights from the Madrid hub, which the Spanish government had advocated for.<ref>Template:Cite web</ref> If the deal were to be approved by regulators, then once the merger would be complete, Air Europa was expected to exit SkyTeam and join other IAG members as part of Oneworld.<ref>Template:Cite web</ref><ref>Template:Cite web</ref> In January 2024, the European Commission said the deal could reduce competition on domestic routes in Spain and short-haul routes from Madrid to other major cities in Europe and the Mediterranean. The EU competition enforcer also cited concerns over long-haul routes between Madrid and the Americas. In February 2024, Reuters reported that IAG was likely to be hit with an EU antitrust warning, suggesting that regulators found IAG's proposed remedies to be insufficient to alleviate competition concerns.<ref>Template:Cite news</ref>

In August 2024, IAG announced that it would abandon the deal after deeming additional remedies to address EU antitrust conditions too onerous to make the deal viable.<ref>Template:Cite web</ref> IAG said it would instead seek to grow its position in Madrid to develop it into a rival to Europe's major aviation hubs.<ref>Template:Cite news</ref><ref>Air Europa acquisition axed Airliner World October 2024 page 6</ref>

Developments since 2025

In mid 2025, Air France–KLM, Lufthansa and Turkish Airlines<ref>Canan Sevgili (23 June 2025), Turkish Airlines confirms non-binding talks over potential Air Europa investment Reuters.</ref> approached Globalia to present bids for a stake in Air Europa; by August, both Air France–KLM<ref>Joanna Plucinska and Andres Gonzalez (31 July 2025), Air France-KLM pulls out of process to buy stake in Spain's Air Europa Reuters.</ref> and Lufthansa abandoned negotiations, leaving Turkish Airlines as the only known remaining bidder.<ref>Ilona Wissenbach and Joanna Plucinska (5 August 2025), Exclusive: Lufthansa abandons process to buy stake in Spain's Air Europa Reuters.</ref>

Destinations

Template:Main Air Europa operates tour services between northern and western Europe and holiday resorts in the Canary Islands and Balearic Islands. It also operates domestic scheduled services and long-haul scheduled services to North America and South America from Madrid. Its hub is Madrid–Barajas Airport.<ref name=Flight4nov2019>Template:Cite news</ref>

Codeshare agreements

Template:As of, Air Europa has codeshare agreements with the following airlines:<ref>Template:Cite web</ref> Template:Div col

Template:Div col end Air Europa also has interline agreements with Air Transat,<ref>Template:Cite web</ref> Iberojet,<ref>Template:Cite web</ref> My Freighter Airlines<ref name='MF_InterLine'>Template:Cite news</ref> and Sky Airline.<ref>Template:Cite web</ref>

Fleet

Air Europa Boeing 787-8
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Air Europa Boeing 737-800 wearing the SkyTeam special livery
File:Air Europe Embraer 195 EC-LCQ.jpg
Air Europa Embraer E195 painted in the airline's former livery
File:Airbus A330-343 ‘EC-MHL’ Air Europa (27223009785).jpg
A former Air Europa Airbus A330-300

Current fleet

Template:As of, Air Europa operates an all-Boeing fleet composed of the following aircraft:<ref>Template:Cite magazine</ref><ref name="Spain's Air Europa to add five B787-9s, ten B737 MAX">Template:Cite web</ref><ref name=":0">Template:Cite web</ref>

Air Europa fleet
Aircraft In service Orders Passengers<ref>Template:Cite web</ref> Notes
J Y Total
Boeing 737-800 16 — — 186 186
Boeing 737 MAX 8 2 18<ref name=":0" /> — 189 189 Deliveries from May 2025.<ref>Template:Cite web</ref>
Boeing 787-8 10 — 22 274 296
Boeing 787-9 18 — 32 307 339<ref>Template:Cite news</ref>
Total 46 18

Former fleet

Air Europa previously operated the following aircraft:Template:Cn

Air Europa retired fleet
Aircraft Introduced Retired Notes
Airbus A330-200<ref name="Spain's Air Europa to add five B787-9s, ten B737 MAX" /> 2006 2021
Airbus A330-300<ref name="Spain's Air Europa to add five B787-9s, ten B737 MAX" /> 2013 2021
Airbus A340-200 2005 2006
ATR 42-300 1996 1997
Boeing 737-300 1986 2004
Boeing 737-400 1994 2006
Boeing 737-600 2003 2004
Boeing 757-200 1987 1998
Boeing 767-200 1996 2001
Boeing 767-300ER 2000 2012
British Aerospace ATP 1996 2001
Embraer ERJ-145 2012 2017
Embraer E195 2008 2017 Transferred to subsidiary Air Europa Express.

Accidents and incidents

File:Air Europa, EC-MTI, Boeing 787-9 Dreamliner.jpg
EC-MTI, the aircraft involved in the Flight 045 incident, photographed in November 2022

Template:As of, Air Europa has suffered one non-fatal incident:

See also

References

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