Prominent M&A lawyer Alejandro Ortiz joins Globalia’s board after exiting Latham & Watkins
Executive summary: Alejandro Ortiz left Latham & Watkins and was appointed to the board of Globalia. The appointment transfers high‑level M&A expertise to the governance of a major airline holding, which could affect Globalia’s strategic direction and deal flow.
Who is involved: Alejandro Ortiz, Globalia (parent of Air Europa), Latham & Watkins.
Likely next: Ortiz will participate in board meetings and may influence Globalia’s M&A or partnership initiatives; further regulatory filings detailing his appointment are expected.
Alejandro Ortiz, one of Spain’s most influential mergers‑and‑acquisitions attorneys, has departed Latham & Watkins to take a seat on the board of Globalia, the holding company that controls Air Europa. The move highlights a shift of top legal talent from a premier law firm into the governance of a major airline group, potentially bringing Ortiz’s deal‑making expertise to Globalia’s strategic decisions. While the appointment is a personnel change, it may signal a renewed focus on corporate governance and M&A activity at Globalia as it navigates post‑pandemic recovery.
What's next — scenarios
Aggressive Consolidation Play (45%)
Globalia accelerates inorganic growth through high-stakes M&A to dominate Mediterranean airspace.
- Announcement of strategic partnership or joint venture
- Increased quarterly capital expenditure for acquisitions
Governance Stabilization Phase (35%)
The appointment serves as a defensive move to strengthen oversight during debt restructuring or equity shifts.
- Release of revised corporate governance bylaws
- Announcement of new debt financing terms
Strategic Reorganization/Divestiture (20%)
Expertise is used to streamline the holding company by selling off non-core assets to improve liquidity.
- Sale of non-aviation subsidiaries
- Restructuring of the Globalia holding company architecture
What to watch
- Globalia quarterly earnings report (next 60 days)
- Any regulatory filings regarding board committee changes (next 30 days)
- Public statements regarding airline capacity expansion (next 90 days)
Timeline
- — Alejandro Ortiz entra en el consejo de Globalia tras desvincularse de Latham & Watkins (Expansión)
- — LATHAM ADDS LEADING INVESTMENT GRADE DEBT PARTNER TO PREEMINENT CAPITAL MARKETS PRACTICE IN NEW YORK (PR Newswire)
- — ELITE CAPITAL MARKETS PARTNERS TO JOIN LATHAM & WATKINS, FURTHER EXPANDING FIRM'S MARKET LEADERSHIP (PR Newswire)
Analysis — what this means
Sectors affected
- airline holding
Historical parallels
- Latham & Watkins added a leading investment‑grade debt partner on 2026‑07‑20
- Elite capital markets partners joined Latham & Watkins on 2026‑07‑10
Key entities
Sources
- Alejandro Ortiz entra en el consejo de Globalia tras desvincularse de Latham & Watkins — Expansión
- LATHAM ADDS LEADING INVESTMENT GRADE DEBT PARTNER TO PREEMINENT CAPITAL MARKETS PRACTICE IN NEW YORK — PR Newswire
- ELITE CAPITAL MARKETS PARTNERS TO JOIN LATHAM & WATKINS, FURTHER EXPANDING FIRM'S MARKET LEADERSHIP — PR Newswire