IAG reviewing planned acquisition of Air Europa, says Iberia CEO

BARCELONA (Reuters) - International Consolidated Airlines Group is reviewing its planned 1 billion euro (892 million pounds) acquisition of Air Europa because of the harsh economic climate caused by COVID-19, the CEO of IAG-owned Iberia was quoted on Sunday as saying. There has been speculation that IAG, which also owns British Airways, could look to walk away from the acquisition of Spanish carrier Air Europa, announced last November, or try to negotiate a lower price. Luis Gallego, CEO of..