Air Europa Líneas Aéreas SAU (Globalia Corporación Empresarial-affiliated Hidalgo family Spanish private airline) has faced sustained class actions over the contested August 2024 sustained IAG-Air Europa failed acquisition attempt (IAG announced February 2023 EUR 400 million Air Europa-Globalia 80% acquisition, abandoned August 2024 following EU Commission antitrust concerns and Iberia-Air Europa Spanish domestic route overlap concerns) affecting Hidalgo family institutional creditor governance complexity.