Air France-KLM is in talks to buy a stake of as much as 20% in Air Europa after the Spanish carrier’s planned takeover by IAG SA was scuppered by regulatory opposition, the El Economista newspaper reported.

MADRID (Reuters) -Spanish airline Air Europa's owner Globalia said on Wednesday there was an interest from Air France-KLM in potentially taking a stake in the airline. "There is an interest, but there is also interest from other airlines and funds.

Franco-Dutch airline group Air France-KLM is in talks to take a 20% stake in Spanish airline Air Europa, newspaper El Economista said today, citing unidentified sources.