IAG to buy Air Europa for 1000M Euros [UPDATE : deal terminated]
Feb 23, 2023, 5:46 pm
#76
Join Date: Mar 2014
Location: Zaragoza
Posts: 1,393
Feb 23, 2023, 6:17 pm
#78
Join Date: Mar 2011
Location: UK
Programs: BA Gold
Posts: 611
https://www.theolivepress.es/spain-n...-iberia-warned
Not a good idea according to some!
Not a good idea according to some!
The owners of British Airways have been advised to swerve the acquisition of Air Europa, Spain’s third-largest airline, and let the company ‘fail and go under’. The fall of the Mallorca-based airline would potentially see the loss of 6,000 jobs, mostly in the Madrid area. Analysts at British behemoth Barclays Bank made the recommendation in a hard-hitting report to the chiefs of International Airlines Group (IAG), which also owns Spanish airline Iberia.
Feb 24, 2023, 2:26 am
#79
Join Date: Mar 2017
Location: AMS
Programs: BAEC Silver, Flying Blue Gold, TK M&S Nobody
Posts: 2,755
Feb 24, 2023, 7:00 am
#80
Join Date: Jun 2012
Location: Scotland, Spain
Programs: Skywards Gold, Amex Plat, SkyTeam Silver
Posts: 1,221
Surely any competition bodies will have a field day with this for the domestic market. Iberia, Vueling and now UX?
I have status with UX but always found cheaper deals with IB and VY.
I have status with UX but always found cheaper deals with IB and VY.
Aug 30, 2023, 5:23 am
#81
Join Date: Sep 2009
Programs: BAEC Silver, LH M&M Pleb, VS FC Pleb, Hilton Diamond, IHG Pleb
Posts: 269
What’s the likely timeline for “absorbing” SUMA into Avios/whatever?
In other words - is it still worth crediting SkyTeam flights to SUMA, in search of the low-threshold status (and poss match to OneWorld upon completion?), or give up on SUMA now and go with Flying Poo/Delta/other?
Google has not proven to be my friend on this occasion (probably because nobody has a clue!)
Google has not proven to be my friend on this occasion (probably because nobody has a clue!)
Aug 30, 2023, 7:46 am
#82
Join Date: Jun 2012
Location: Scotland, Spain
Programs: Skywards Gold, Amex Plat, SkyTeam Silver
Posts: 1,221
In other words - is it still worth crediting SkyTeam flights to SUMA, in search of the low-threshold status (and poss match to OneWorld upon completion?), or give up on SUMA now and go with Flying Poo/Delta/other?
Google has not proven to be my friend on this occasion (probably because nobody has a clue!)
Google has not proven to be my friend on this occasion (probably because nobody has a clue!)
That and any transfer of status (have with SkyTeam but not with OW)
Aug 31, 2023, 8:31 am
#83
FlyerTalk Evangelist
Join Date: Aug 2011
Location: Barcelona, London, on a plane
Programs: IB+ Gold, TK E+, Hyatt Globalist, Marriott LTP, IHG Diamond
Posts: 13,312
In other words - is it still worth crediting SkyTeam flights to SUMA, in search of the low-threshold status (and poss match to OneWorld upon completion?), or give up on SUMA now and go with Flying Poo/Delta/other?
Google has not proven to be my friend on this occasion (probably because nobody has a clue!)
Google has not proven to be my friend on this occasion (probably because nobody has a clue!)
- Suma miles will be converted to Avios
- Suma will be merged into Iberia Plus, including a status match
- Some Skyteam members will try to keep Suma elites with a status match offer
But yes, I am gambling on my Suma Gold status (26 flights in 12 months) becoming IB+ Gold status in 2024, possibly once IB+ turns over to its new elite year on 1 April.
Aug 1, 2024, 11:51 am
#85
Join Date: Jun 2015
Location: LHR, LGW
Programs: BAEC
Posts: 3,714
As kindly reported by Ghrycllwl on this thread…
https://www.flyertalk.com/forum/36421631-post1.html
IAG have pulled out of this deal.
https://www.flyertalk.com/forum/36421631-post1.html
Withdrawal from the Air Europa transaction in the best interests of our shareholders
Aug 1, 2024, 12:02 pm
#86
Join Date: Jan 2005
Location: UK
Programs: Mucci. And BA Gold – previous awards - Gold 12, Silver 7, Bronze 4.
Posts: 5,131
As kindly reported by Ghrycllwl on this thread…
https://www.flyertalk.com/forum/36421631-post1.html
IAG have pulled out of this deal.
https://www.flyertalk.com/forum/36421631-post1.html
IAG have pulled out of this deal.
If they stay in Skyteam, at least it still gives me an option to spend my Virgin Miles .
Aug 1, 2024, 12:04 pm
#87
Join Date: May 2005
Programs: BA Gold, AA PLT PRO, AGR, Strawberry (Nordic Choice), Marriott Bonvoy
Posts: 4,443
On the subject of other Spanish airlines — it’d be nice if LEVEL and Vueling got properly integrated into OneWorld as options with tier points as well as Avios earning and elite benefits.
Is that ever going to be on the cards?
Is that ever going to be on the cards?