A Spanish rival to EasyJet, Ryanair and Air Berlin is to be launched in October this year. Spanish state airline Iberia will contribute 24 million towards the 50 million start-up capital of the new airline, which will have its operating base in Barcelona. Other partners in the venture include the Cobra Group, Iberostar, Nefinsa and the Quercus capital risk fund. The new company, which has yet to be given a name, is seeking slots mainly in the United Kingdom and Germany. Barcelona is the destination of 40 per cent of all low-cost flights to Spain.

SHARE
Wanted in Europe
Wanted in Europe
Wanted in Europe, part of the Wanted Worldwide network, is a website in English for expatriates in Europe established in 2006. We cover Europe's news stories that may be of interest to English speaking residents along with tourists as well. Our publication also offers classifieds, photos, information on events, museums, churches, galleries, exhibits, fashion, food, and local travel.
72307
Previous article Buy local Jersey products
Next article City centre development plan.