IAG Chief Exec Luis Gallego has sparked a major debate in the aviation industry by calling for a radical overhaul of the way the European Union evaluates airline takeovers. In a recent statement, Gallego expressed concerns that the current regulatory framework is hindering the ability of European airlines to compete globally, citing the need for a more nuanced approach to mergers and acquisitions. The IAG chief's comments come as the EU continues to grapple with the complexities of regulating the rapidly evolving airline industry, with many arguing that the bloc's rules are too restrictive and stifling innovation. As the aviation sector navigates a period of significant change, Gallego's call for reform is likely to spark a heated debate among industry leaders and regulators.
IAG chief Luis Gallego calls for overhaul of how bloc evaluates airline takeovers
