March 13, 2023 7:19 am ET
February 26, 2021 9:13 am ET -
British Airways’ Parent Company Posts $9 Billion Loss
International Airlines Group (IAG) has announced an operating loss of 7.426 billion Euros ($9 billion) for the full 2020 financial year, a massive drop in comparison to the 3.285 billion Euro operating profit the conglomerate posted in the 2019 financial…
January 21, 2021 7:00 am ET -
Iberia Completes Purchase Of Air Europa at Significant Discount
After more than a year since the initial agreement was signed, Iberia has announced today the finalized acquisition of Air Europa. In November 2019, IAG, the parent company of Iberia, closed the purchase of Air Europa to create a great…
January 16, 2021 6:35 am ET -
Madrid Barajas Airport Aims for Normal Operations Starting Monday
It has been a complicated week for Madrid Barajas Airport in Spain due to the snowstorm "Filomena" that hit the Spanish capital last weekend. On Friday 8 the snow began to fall in Madrid as it has not done it…
December 15, 2020 3:54 pm ET -
World2Fly – A New Spanish Airline
In the summer of 2021 a new airline will be taking to the Spanish skies. Last week, World2Meet presented the image of its new carrier. World2Fly will be the next step of the Iberostar group to connect Spain and the…
November 19, 2020 6:00 am ET -
IAG Lowers Maximum Price for Air Europa Acquisition
International Airlines Group (IAG) — the parent company of British Airways, Aer Lingus and Iberia, among other carriers — seems to be looking to reduce the price it would pay to acquire Spanish carrier Air Europa, below the value of…