Turkish Airlines Says Air Europa Has Accepted $350M Bid

air europa and turkish airlines jets
Credit: Horacio Villalobos/Corbis/Getty Images
Turkish Airlines said its €300 million ($350 million) bid for Air Europa has been accepted and the process should be completed within six to 12 months, subject to obtaining the necessary permits and regulatory approvals. Turkish said the majority of the transaction will come in the form of a capital...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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