Spain's industry minister says it is up to Iberia, Air Europa to move on with merger

Spain's Industry minister Reyes Maroto said Wednesday that IAG member Iberia and Spain's Air Europa should look into the advantages and disadvantages of their plan to merge that was announced before coronavirus-hit airlines worldwide. "It is up to them to assess pros and cons (...) we will accompany them", she said. In June, the CEO of International Consolidated Airlines Group said that the company was reviewing its planned E1b acquisition of Air Europa because of the harsh economic climate caused by COVID-19.<br/>