Tag Archives for air europa.
At Amsterdam Schiphol today the airport’s D concourse was cordoned off, and passengers and crew were evacuated from aircraft. Emergency vehicles were out on the tarmac.
The emergency turned out to simply be a false alarm triggered by an Air Europa flight.
IAG, parent of British Airways, also owns Iberia, Aer Lingus, Vueling, and LEVEL. Now for the price of €1 billion they’re acquiring Air Europa (10 times current earnings). The deal is expected to close in the second half of 2020.
They are currently the third largest Spanish airline, behind Iberia and Vueling already owned by IAG. This is a blow to transatlantic redemptions using Delta miles.
American Airlines is running all of its Europe and deep South America flights from New York JFK with Boeing 777s. That’s too much capacity even for a joint venture partner’s hub like Madrid (Iberia). They really ought to be basing some smaller aircraft, like Boeing 787s, out of New York and serving more destinations profitably.
During peak summer months and during fall and winter holidays there’s often fare compression, business class tickets go down in price (especially for restricted fares that leisure flyers can buy) while coach gets more expensive. We’re certainly seeing that on American’s New York JFK – Madrid route, where they’re discounting business class. For about the same money you can also fly their partner Iberia’s business class non-stop as well.
Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel -- a topic he has covered since 2002.
Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »
