(Adds quotes)
LONDON, Dec 15 (Reuters) - Iberia owner IAG is
working to see if it can strike an alternative way to acquire
Air Europa, its chief executive said on Wednesday, hours after
the group said it would cancel the amended deal agreed in
January.
Speaking at the online Capa Live conference, Luis Gallego
said the impact of the pandemic meant the previously agreed
structure no longer worked for IAG, but it was assessing its
options to find a way to continue.
"Air Europa, let's see if finally we can find a way to do
it," he said, while commenting on the competitive situation in
Latin America.
"We are not going to continue with the current structure, we
are trying to have a new structure that (will) allow this deal
to happen."
(Reporting by Paul Sandle; editing by Kate Holton)
International Airlines (IAG)
