IAG still intent on pursuing 100% ownership of Vueling

London Air Travel » International Airlines Group » IAG still intent on pursuing 100% ownership of Vueling

International Airlines Group is clearly not satisfied with owning over 90% of Vueling.

Although this gives IAG full control of Vueling for all practical and accounting purposes, the airline group is clearly intent on having 100% ownership of Vueling. On Friday, IAG made a further offer for the remaining 9% of Vueling’s shares listed on the stock exchange in Spain.

As stated before, IAG has been coy about its intentions regarding Vueling, save for stating it will remain a separate subsidiary in the IAG group. However, IAG is clearly very keen on pursuing full ownership and control of the airline.

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