The Government analyzes different options for Air Europa and confirms conversations






© Provided by Agencia EFE


Malaga, Jan 31 (EFE) .- The Government analyzes “different options” for the future of Air Europa, a company with which “conversations at different levels” are being developed, and trusts that a solution will be found for a “prosperous” future ” and “best” of the airline.

The First Vice President of the Government and Minister of Economic Affairs and Digital Transformation, Nadia Calviño, referred in Malaga this Monday, in statements to journalists, about the future of the Spanish airline Air Europa, a company that is “strategic” for the country and on which he has sent “a message of tranquility for customers and suppliers”.

Calviño has been asked about the alleged negotiations between Air Europa and Iberia, which the president of the airline, Juan José Hidalgo, denies and about the possibility that the Government converts the loan from the State Industrial Participation Company (SEPI) to Air Europe in company shares.

The minister has responded that “there are several options that are open for the future of Air Europa” and the Government is analyzing those that are “available in this context”.

The Executive wants to be part of the solution “contributing to the future, solvency, prosperity and growth of the company in the coming years”.

“Different conversations are taking place at different levels and I hope that we find a solution that allows us to promote a more prosperous and better future for the company,” he added.

The president of Globalia and Air Europa, Juan José Hidalgo, has affirmed in an interview with EFE that he is prepared to carry out the company alone, since he has a growth plan that will allow him to meet his obligations.

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Hidalgo owns 52% of Globalia, a company that in turn owns 100% of Air Europa.

The president of Air Europa denies that he is negotiating with Iberia and rules out that Sepi can enter as a shareholder of Globalia taking into account that the capital of the loan that it granted, of 475 million euros, will not have to start repaying it until 2026 and that until then the only thing you will have to face is the payment of interest. The vice president has not alluded to this last matter.

(c) EFE Agency

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