Air Europa

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Air Europa
Air Europa Logo (2015).svg
IATA ICAO Callsign
UXAEAEUROPA
Founded1986;35 years ago (1986)
AOC # ES.AOC.004 [1]
Hubs Adolfo Suárez Madrid–Barajas Airport
Focus cities
Frequent-flyer program Suma
(formerly Flying Blue and Fidelitas)
Alliance SkyTeam
Subsidiaries Air Europa Express
Fleet size36 [2]
Destinations44 [3]
Parent company Globalia
Headquarters Llucmajor, Mallorca, Spain
Key peopleJuan José Hidalgo, Chairman and CEO
Employees2,949 (5 March 2014)
Website www.aireuropa.com

Air Europa Líneas Aéreas, S.A.U., branded as Air Europa is the third-largest Spanish airline after Iberia, as its subsidiary, and Vueling. The airline is headquartered in Llucmajor, Mallorca, Spain, [4] [5] [6] [7] and has its main hub at Adolfo Suárez Madrid–Barajas Airport with secondary focus cities at Palma de Mallorca Airport and Tenerife North Airport. [3] [8] [9] Air Europa flies to over 44 destinations around Spain, Europe, South America, North America, the Caribbean, Morocco, and Tunisia. [10] [3] Since September 2007 Air Europa has been a member of the Skyteam alliance.

Contents

History

Early years

Air Europa started in 1986 (registered in Spain as Air España SA and previously known as such) as part of the British ILG-Air Europe Group and 75% owned by Spanish banks. [11] It originally had a similar livery to Air Europe but with Air Europa titles and its aircraft were registered in Spain. It flew holiday charters from Mediterranean resorts and European cities using Boeing 737-300s and Boeing 757s. It was the first Spanish private company to operate national scheduled flights (besides charter flights which used to be its main business).[ citation needed ]

When parent company ILG ceased trading in 1991 Air Europa continued profitably with a larger fleet of Boeing 737s and 757s. It signed a franchise agreement with Iberia in January 1998, but this has since been dissolved. It is now owned by Globalia Corporación Empresarial S.A. [12]

At the end of the 1990s, Boeing 737-800 jets were introduced along with a new livery. In June 2005, it was announced Air Europa was among four future associate members of the SkyTeam alliance, due to join by 2006. However, the joining date was postponed, and it did not become a member until 1 September 2007. Air Europa was the parent company for Air Dominicana, the new flag carrier of the Dominican Republic, until bankruptcy was declared on 21 September 2009. [13]

Developments since 2010

Air Europa retired its last Boeing 767 on 13 April 2012. [14]

On 22 May 2019, the National Civil Aviation Agency of Brazil (ANAC) granted Air Europa permission to operate domestic flights in the country. This is the first time a foreign company is granted this authorisation, after Brazilian laws were changed to allow full foreign ownership of domestic airlines. As of June 2019, no details are available yet about Air Europa's future domestic operations in Brazil, a market which the airline already serves with international flights from Madrid to Salvador and Recife. [15]

Acquisition by International Airlines Group

On 4 November 2019, IAG announced its €1 billion ($1.1 billion) acquisition of Air Europa in cash from Globalia, the deal should close in the first half of 2020. Air Europa operates 66 aircraft and generated a €100 million operating profit in 2018. The brand will be retained initially within Iberia, IAG expects a return on investment by the fourth year, with full synergies by 2025: intra-group codeshares, Madrid timing adjustments, sales and loyalty programmes alignment. The synergy could propel the Madrid hub into a rival to Paris, London and Frankfurt, and may lead the Europe to the Caribbean and to Latin America markets, also linked to Asia. [16] Air Europa's parent company Globalia, a travel and tourism company managed by Juan José Hidalgo, agreed to sell the airline to British Airways’ and Iberia’s parent- the International Airlines Group (IAG) for around €1 billion ($1.1 billion) in November 2019. Globalia and IAG agreed to amend the terms of the deal in January 2021, cutting the transaction price in half to €500 million. [17] [3]

Destinations

Air Europa operates tour services between northern and western Europe and holiday resorts in the Canary Islands and Balearic Islands. It also operates domestic scheduled services and long-haul scheduled services to North America and South America from Madrid. Its hub is Adolfo Suárez Madrid-Barajas Airport. [16]

Codeshare agreements

As of January 2020, Air Europa has codeshare agreements with the following airlines: [18]

Fleet

An Air Europa Boeing 787-8 Boeing 787-8 'EC-MIG' Air Europa (27188864746).jpg
An Air Europa Boeing 787-8
An Air Europa Boeing 737-800 wearing the SkyTeam special livery Air Europa B737-800 (EC-JHK) @ ZRH, May 2011.jpg
An Air Europa Boeing 737-800 wearing the SkyTeam special livery
An Air Europa Embraer 195 painted in the airline's former livery Air Europe Embraer 195 EC-LCQ.jpg
An Air Europa Embraer 195 painted in the airline's former livery

Current fleet

As of February 2021, the Air Europa mainline fleet - excluding Air Europa Express - consists of the following aircraft: [2]

Air Europa fleet
AircraftIn serviceOrdersPassengers [20] Notes
CYTotal
Boeing 737-800 1812168180
Boeing 737 MAX 8 20 [21] TBADeliveries postponed indefinitely due to Boeing 737 MAX groundings [22]
Boeing 787-8 822274296
Boeing 787-9 106 [23] 30303333 [24] Deliveries until 2022. [25]
Total3626

Historical fleet

Air Europa previously operated the following aircraft: [26]

Air Europa historical fleet
AircraftIntroducedRetiredNotes
Airbus A330-200 20062021
Airbus A330-300 20132021
Airbus A340-200 20052006
ATR 42 19961997
Boeing 737-300 19862004
Boeing 737-400 19942006
Boeing 737-600 20032004
Boeing 757-200 19871998
Boeing 767-200 19962001
Boeing 767-300ER 20002012
British Aerospace ATP 19962001
Embraer ERJ-145 20122017
Embraer 195 20082017moved to Air Europa Express

See also

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References

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  12. "Globalia" . Retrieved 4 February 2020.
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  18. "Corporate information".
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  22. Press (January 20, 2020). "As new Boeing CEO takes over, it's unclear when the 737 Max will fly again". CNET.COM. Retrieved February 4, 2020.
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Coordinates: 39°29′00″N2°51′04″E / 39.48333°N 2.85111°E / 39.48333; 2.85111