LONDON, Oct 30 (Reuters) - The new chief executive of
British Airways-owner IAG said the group continues to
want to acquire Spanish airline Air Europa but is waiting to see
what sort of support package the target company receives from
the Spanish government.
"For sure if possible, we would like to do this deal," CEO
Luis Gallego told an investor call on Friday.
IAG agreed to buy Air Europa for 1 billion euros last
November but during the crisis has been trying to reduce the
price tag.
"We are waiting to see the package and the conditions
attached, and at that moment, we will continue the negotiation,"
he said, referring to a possible Spanish government support
package.
(Reporting by Sarah Young; Editing by Alistair Smout)
International Airlines (IAG)
