Spain to have say in Aer Lingus owner's Air Europa takeover deal

Spain has approved a €475m aid package for Air Europa. File picture: Steve Parsons

The Spanish government will have a say in the potential sale of local airline Air Europa to Aer Lingus owner IAG.

IAG agreed to buy Air Europa for €1bn last November, but is seeking to reduce the price amid the travel crisis caused by the Covid-19 pandemic.