PHOTOS: Delta touches down in Dubrovnik

GLOBAL AVIATION NEWS

Spain eyes Air Europa stake

The Spanish government is considering the possibility of acquiring a share in Air Europa after the debacle of the airline’s by the IAG group. Though the Spanish group and Globalia, Air Europa’s parent company, have committed to reviewing the possibility of an agreement before the end of the month, the government is considering becoming a shareholder in the Hidalgo family’s airline. In mid-December last year, IAG and Globalia announced the definitive termination of the agreement signed on November 4, 2019, according to which Iberia agreed to acquire the entire share capital of Air Europa for €500 million. The financial difficulties of the industry in general and the obstacles put in place by the European Commission’s competition authority were the reasons - among others - for that decision. Acording to Nadia Calvino, the Deputy Prime Minister and Minister of Economic Affairs and Digital Transformation, the government is “considering” buying an equity stake in Air Europa. “At the moment we are exploring all possible options”, she said. These options include the possibility of the government taking a “minority stake” in the company or sharing ownership of the airline with IAG and the Hidalgo family, the current owners. Thus, the government could acquire up to 40% of the airline’s shares. Air Europa has received more than 600 million euros from the state in the form of bailouts and economic and financial aid. Among the options being considered by the government is to capitalise part of this debt as shares in the airline. Air Europa suffered record losses of 428 million euros in 2020 and everything seems to indicate that in 2021 it will repeat those losses, having recovered only 19% of the traffic recorded in 2019.

PHOTOS: Delta touches down in Dubrovnik

NEWS FLASH

US carrier Delta Air Lines has inaugurated its new four weekly service between New York JFK Airport and Dubrovnik, a day after United introduced flights between the two cities. “Our flights to Dubrovnik are proving popular as our US customers seek new experiences now that the world is reopening for international travel”, Thomas Brandt, Delta’s Regional Sales Manager, said. He added, “We’re proud to be supporting Croatia’s tourism recovery, while also ensuring a safe travel environment in line with the country’s requirement for proof of vaccination or a negative test for all customers before they board the flight”. The Delta Boeing 767-300ER aircraft arrived with a full load of 225 passengers. Services will operate on a seasonal basis, departing the Big Apple each Tuesday, Thursday, Friday and Saturday, until October 3.

Comments

pozdrav iz Rijeke16:50
The last photo with both Delta and United simultaneously at DBV, I like, I like... ☺
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Anonymous18:08
Only Delta variant could affect Delta's plans.
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Sam21:01
Great photos and a great moment for Dubrovnik and the region. I can tell you that these flights will be used by many diaspora folks from the neighboring Bosnia and Montenegro too. So happy to hear that both inaugural flights had such good loads. Let's hope this is the beginning of even better aviation times to come not just for Dubrovnik but the rest of the region.
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Anonymous21:19
Interesting picture with the bicycle at the gate
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Anonymous17:21
Local handlers have electrical bicycle for driving around the airport. And romobiles too.
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PHOTOS: Delta touches down in Dubrovnik

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