On 4 November 2019, Oneworld members British Airways and Iberia's owner International Airlines Group is making an offer to buy Air Europa for $1.1 billion, and consolidating the airline under Iberia (IAG CEO Willie Walsh plans to retain the Air Europa brand for a certain period of time). If approved by antitrust investigators, the buyout will lead to Air Europa's departure from SkyTeam, although it is unknown if it will join Oneworld as Iberia affiliate or will be merged under the Iberia brand.