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Air Europa History and Development

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Early Years and Growth: Founded in 1986 as Air España SA, first Spanish private national scheduled carrier
Started with charter flights using Boeing 737-300s and 757s
Became part of SkyTeam alliance in 2007
Retired last Boeing 767 in 2012
Recent Developments: Granted domestic flights permission in Brazil in 2019
Acquired by IAG for €400 million in 2023
EU competition concerns led to deal cancellation in August 2024
Operates flights to over 44 destinations worldwide
Current Status: Headquartered in Llucmajor, Mallorca
Main hub at Madrid-Barajas Airport
Operates all-Boeing mainline fleet
Has codeshare agreements with major airlines
Experienced one non-fatal accident in July 2024