Globalia retains majority control as Turkish Airlines enters Air Europa’s capital amid European market consolidation.

Spanish carrier to receive €300 million in convertible loan, subject to regulatory approval

Only Turkish Airlines remains in negotiations to acquire a stake in the Spanish leisure airline

Lufthansa and Turkish Airlines now seen as potential contenders for investment in Spanish carrier

Airline considers making an offer for a minority stake in the Spanish leisure carrier, following Air France-KLM and Lufthansa

Owner of the Spanish airline, Globalia has been seeking to sell its stake to pay off government loans during the pandemic

The Spanish airline's owner, Globalia, has admitted interest from other groups after IAG pulled out of a deal in August

Deal with Globalia was scrapped after conditions required by the European Commission were tightened in the face of reduced competition

After comings and goings, Globalia traded 80% of the shares of the Spanish airline for 400 million euros

Two years after announcing an agreement with Spain's Globalia, the IAG group confirmed that it is discussing the termination of the current terms. Company considers new proposal