Spain approves Turkish Airlines’ acquisition of minority stake in Air Europa
The Spanish government has approved Turkish Airlines’ acquisition of a minority stake in Air Europa, marking a key step in the investment process.
In a filing with Borsa Istanbul, the carrier recalled that its binding offer to acquire a minority share in Air Europa Holding S.L.U. had been accepted and that an investment agreement between the parties had been signed.
Following the agreement, the process of obtaining the necessary approvals from relevant regulatory authorities was initiated, it noted. Foreign Direct Investment (FDI) approval for the transaction has now been granted by the Spanish government, said the flag carrier.
Other regulatory application processes related to the investment are ongoing, and the transaction is expected to be finalized in 2026, according to the company.
