Iberia airline's chief commercial officer said the Spain-based company was now more pessimistic than optimistic about the acquisition of its rival, Palma-based Air Europa after the latest regulatory setback in the half-billion-euro takeover bid.
Takeover of Palma-based airline in doubt
"More pessimistic than optimistic..."
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Fantastic idea to buy an airline in the moment , just getting more covid travel restrictions on the way .