IAG converts Air Europa loan into 20 per cent stake

IAG converts Air Europa loan into 20 per cent stake

[ad_1] European aviation big IAG has transformed a €100 million mortgage to Air Europa’s dad or mum firm right into a 20 per cent stake within the Spanish provider.IAG, which owns British Airways, Iberia, Aer Lingus and Vueling, admitted it was trying to revive its...