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IAG's Acquisition Of Air Europa Under Scrutiny For Competition Concerns

IAG's Acquisition Of Air Europa Under Scrutiny For Competition Concerns

IAG對歐羅巴航空的收購因競爭問題受到審查
Benzinga ·  04/29 22:57

The European Union has expressed concerns over the potential anti-competitive effects of the International Consolidated Airlines Group's (OTC:ICAGY) planned acquisition of Air Europa, valued at approximately $427.7 million.

歐盟對國際聯合航空集團(場外交易代碼:ICAGY)計劃收購價值約4.277億美元的歐羅巴航空可能產生的反競爭影響表示擔憂。

The acquisition aims to enhance IAG's presence in the Spanish and Latin American markets.

此次收購旨在增強IAG在西班牙和拉丁美洲市場的影響力。

Late on Friday, the European Commission expressed concerns that the merger between International Consolidated Airlines Group and Air Europa might result in increased prices and reduced service quality for air travelers, particularly on routes within and to and from Spain.

週五晚些時候,歐盟委員會對國際聯合航空集團與歐羅巴航空的合併可能導致航空旅客的價格上漲和服務質量下降表示擔憂,尤其是在西班牙境內和往返西班牙的航線上。

The preliminary findings of the Commission's investigation indicate that the consolidation could substantially restrict competition in the passenger air transport market, potentially leading to higher costs and diminished service quality for consumers following the transaction.

委員會調查的初步結果表明,整合可能會嚴重限制航空客運市場的競爭,有可能導致交易後成本上漲和消費者服務質量下降。

In response to these concerns, the European Commission has issued a formal statement of objections.

針對這些擔憂,歐盟委員會發布了正式的反對聲明。

IAG can propose measures to resolve the initial competition concerns noted by the Commission and may submit these solutions at any point during the proceedings up until the deadline on June 10, 2024.

IAG可以提出措施來解決委員會最初提到的競爭問題,並可以在程序期間的任何時候提交這些解決方案,直到2024年6月10日的最後期限。

"Compared with the remedy package we submitted in our previous attempt to acquire Air Europa, we are doubling our offer in terms of divested capacity," a WSJ report cited IAG.

《華爾街日報》的一份報告援引IAG的話說:“與我們在之前嘗試收購歐羅巴航空時提交的一攬子補救措施相比,我們在剝離產能方面的報價翻了一番。”

Price Action: ICAGY shares traded lower by 0.80% at $4.33 at last check Monday.

價格走勢:週一最後一次檢查時,ICAGY股價下跌0.80%,至4.33美元。

Image credit: Dall-E 3

圖片來源:Dall-E 3

譯文內容由第三人軟體翻譯。


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