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Monday, 22 November 2021

There could be a formal investigation into a takeover of Air Europa, by British Airways owner IAG.

The deal's worth around £420 million, but the regulator's going to look into whether it could substantially reduce competition in the UK.

Meanwhile, Heathrow based IAG's boss has revealed transatlantic bookings are nearly at 100% of 2019 levels.

It’s after routes to the US resumed after Covid.