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Posts by author

Juan Mestre

154 posts
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  • 3 min

Luis Gallego y Pepe Hidalgo: dos formas muy diferentes de gestionar

  • Juan Mestre
  • 16 November 2024
✈ Luis Gallego, an aeronautical engineer, became president of IAG and turned around Iberia from losing €1 million a day to profitability without bailouts or intermediaries by 2013. Pepe Hidalgo, with no higher education, acquired Air Europa but faced controversy, including a Supreme Court ruling for Air Europa to repay €25 million to the state for resident certificate fraud from January 2009 to September 2010. During the pandemic, Air Europa, losing €3 million daily, controversially obtained a €475 million government bailout facilitated by Hidalgo's political connections.
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  • 2 min

‘Caso Begoña’: el apoyo de La Caixa fue muy inferior al de Air Europa

  • Juan Mestre
  • 15 November 2024
✈ La Caixa contributed €15,000 annually to Begoña Gómez's academic project, while Air Europa, via Wakalua, sponsored with €40,000 per year. In 2020, Gómez approached La Caixa, which accepted due to alignment with its social goals. Wakalua's deal included €25,000 yearly for awards and €15,000 for IE Africa Center-related flights. Additionally, to access Sánchez's wife, Air Europa hired intermediary Víctor de Aldama with a €10,000 salary. Communications and agreements occurred in 2020, with earlier discussions from 2018. The Mixed Monitoring Commission met on October 28 to address controversies surrounding the project.
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Air Europa acelera el equilibrio de sus cuentas a la espera de nuevos socios

  • Juan Mestre
  • 15 November 2024
✈️ Air Europa's shareholders' meeting on Wednesday decided on a capital increase of 81 million euros to be completed before the year's end. Globalia will cover 80% of the injection, with IAG's 20% contribution still pending. IAG, in competition with Air Europa on some routes, is considering its participation as a financial stakeholder. Due to the pandemic, Air Europa must rebalance its equity to avoid bankruptcy following a government moratorium extension and is looking for new partners starting January, with prior interest from Lufthansa and Air France-KLM.
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Investigación UCO: el rescate de Air Europa mete en un lío a Nadia Calviño

  • Juan Mestre
  • 14 November 2024
🛩 Ex-vice president Nadia Calviño, now President of the European Investment Bank, distanced herself from Air Europa's rescue operation when she learned the airline's owners distributed €35 million in dividends before seeking a €475 million public bailout. Calviño warned Ábalos's advisor of "a very relevant problem" regarding the dividends, yet she didn't halt the rescue. The operation, involving Sánchez, Ábalos, and others, was approved rapidly despite her reservations. Chats involving Calviño may cause issues if judicial investigations proceed.
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  • 2 min

Las preguntas del PP a Begoña sobre su relación con Hidalgo hijo

  • Juan Mestre
  • 14 November 2024
💰 Begoña Gómez, wife of the Spanish Prime Minister, faced 20 questions from the Popular Party (PP) during her appearance at the Madrid Assembly, focusing on her relationship with Javier Hidalgo, ex-CEO of Globalia, and her travel to Russia for the OMT summit in September 2019. The PP inquired about the funding of her chair at the Complutense University, potential business opportunities with Globalia, and the specifics of her meetings with Hidalgo and Víctor de Aldama. Gómez declined to answer all questions, and she is scheduled to appear in court again in the coming weeks related to her chair.
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  • 2 min

Iberia lanza campaña de invierno con vuelos a Austria, Noruega y Laponia

  • Juan Mestre
  • 11 November 2024
✈️ Iberia introduces special winter campaign prices for new destinations: Innsbruck and Salzburg in Austria, Tromso in Norway, and Rovaniemi in Lapland. Direct flights from Madrid to Innsbruck begin December 1 until March 26, with two weekly frequencies on Wednesdays and Sundays, starting at €79 per journey. Salzburg flights commence November 30 until March 29, also twice a week with tickets from €79. Tromso's northern lights experience is available December 1 to March 2, with Thursday and Sunday flights starting at €139. Rovaniemi's Santa Claus experience offers up to four weekly flights in December, from November 30 to March 1, with fares from €139.
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  • 3 min

Pisos turísticos ilegales: la necesaria complicidad de las plataformas

  • Juan Mestre
  • 10 November 2024
🏕 Key Facts: A tent accommodation in an Ibiza shantytown was listed on Airbnb for €45 per night; an additional commission fee was applicable. Airbnb removed the listing after the incident. The European Parliament passed a regulation in February, giving platforms and administrations two years to comply, meaning illegal listings can be posted until February 2026. In Mallorca, over 50% of 43,426 listed homes on platforms like Airbnb and Booking in September were potentially illegal, with only 10,710 having official permits. Summary: In Ibiza, Airbnb listed a shantytown tent for €45/night, highlighting illegal accommodation issues. With new EU regulations taking effect by February 2026, over 50% of the 43,426 homes listed in Mallorca show signs of illegality, against 10,710 legally permitted ones.
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  • 1 min

Trian Riu incide en la desproporción de usuarios por piscina entre hoteles y los ‘Airbnb’

  • Juan Mestre
  • 9 November 2024
🚸 Joan Trian Riu from Riu Hotel board emphasizes the disparity in resource use between vacation rental homes and hotels, citing swimming pools as an example—used by 2 to 6 people in rentals versus multiple hotel rooms. Trian argues for a fair exchange equation considering resource utilization, suggesting illegal tourist spots should be eliminated and legal ones assessed carefully, island by island. He expresses confidence in the Balearic Government's Social and Political Pact Table to propose effective societal measures.
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  • 2 min

Air Europa: el Supremo quiere aclarar el papel de Ábalos en el rescate

  • Juan Mestre
  • 8 November 2024
💰 The Spanish Supreme Court seeks to clarify former minister José Luis Ábalos's involvement in the Air Europa public funds rescue, as reported by El Confidencial. Judge Andrés Martínez Arrieta's order suggests further investigation into Ábalos's ties with the Hidalgo family's airline. A key meeting on July 16, 2020, involving the Spanish President, Vice-President Nadia Calviño, Ábalos, and a secret meeting between President Sánchez's wife, Begoña Gómez, and Javier Hidalgo, is of special interest to the investigation.
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  • 1 min

Nueva citación en el Senado para el desaparecido Javier Hidalgo

  • Juan Mestre
  • 8 November 2024
💬 El Senado convocó a Javier Hidalgo, exCEO de Globalia, para aclarar su posible conexión con el 'caso Koldo' y la implicación de Air Europa en una trama corrupta. Hidalgo, que residía en Botsuana, está inubicable desde el 10 de octubre. Se programó su comparecencia para el 22 de este mes tras no poder entregarle una citación para el 7 de noviembre. PP solicita ayuda al gobierno para localizarlo, incluyendo el uso de embajadas si ha salido de España. La comparecencia se justifica por los lazos de Hidalgo con Begoña Gómez, esposa del presidente Pedro Sánchez, durante el rescate de Air Europa en la pandemia.
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