ITOCHU to take minority stake in IAG engine unit
Iberia has agreed to sell a minority stake in IAG Engine Tech (IET), a company established in 2026 to specialise in aircraft engine maintenance within International Airlines Group (IAG), to Japanese trading and investment group ITOCHU Corporation. IAG will retain a majority stake in IET through Iberia, the companies said. ITOCHU’s investment builds on its […]
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