Aer Lingus parent IAG said in a statement it would suspend the voting rights of any shares acquired by a relevant non-EU person and require the owner to sell the shares to a third party or to the airline group itself. Photograph: Brian Lawless/PA Wire

IAG, the owner of Aer Lingus, British Airways and Iberia airlines, said it would cap ownership of its shares by non-Europeans at the current 47.5 perc(...)

Brussels is to give airline groups a seven-month deadline to overhaul their shareholder make-up in order to retain full flying rights within the EU if Britain crashes out of the bloc without a deal next month. Photograph: Paul Hackett/Reuters

Brussels is to give airline groups such as Ryanair and IAG, owner of British Airways and Iberia, a seven-month deadline to overhaul their shareholder (...)

Spain’s prime minister Mariano Rajoy during a motion of no confidence debate at parliament in Madrid on Thursday. Photograph: Juan Carlos Hidalgo/Reuters

The political career of Spain’s prime minister Mariano Rajoy appeared to be over on Thursday as support for a no-confidence motion against him gathere(...)