Qatar Airways has increased its stake in International Airlines Group (IAG) from 21.4 percent to 25.1 percent with a $600m buy-up. The move comes a little over a week after Air Italy which Qatar Airways had a 49 percent stake in ceased operations. In announcing the increased shareholding Qatar Airways Group Chief Executive Akbar Al Baker said: “Our investment to date has been highly successful and the announced increase in our shareholding is evidence of our continued support of IAG…
International Airlines Group (IAG) announced Thursday that chief executive officer Willie Walsh will step down from his current role and the board of IAG on March 26 and will formally retire on June 30. The chairman of IAG Antonio Vázquez praised Walsh’s achievements at the multi-national airline holding company which…
IAG announced the purchase of Air Europa for a value of one billion euros. The holding company of Iberia, British Airways, Aer Lingus, Vueling, and Level said that the operation "offers significant potential synergies in terms of costs and revenues." IAG informed that the acquisition should be completed in the…
While Boeing 737 MAX operators around the world are pushing back its re-entry into service towards the end of the year, International Airines Group (IAG), the parent company of British Airways, Iberia and European low-cost carriers Vueling and Level, is strengthening commitment towards the troubled Boeing narrow body. Having recently…
While Boeing 737 MAX operators around the world are pushing back its re-entry into service towards the end of the year, International Airines Group (IAG), the parent company of British Airways, Iberia and European low-cost carriers Vueling and Level, is strengthening commitment towards the troubled Boeing narrow body. Having recently…
British Airways has begun commercial services with their brand new Airbus A350-1000 aircraft. The inaugural flight took off on Monday from London Heathrow Airport bound for Madrid. The aircraft will initially operate twice a day on the Heathrow to Madrid route for crew training and familiarization. The airplane, registered as…
British Airways has begun commercial services with their brand new Airbus A350-1000 aircraft. The inaugural flight took off on Monday from London Heathrow Airport bound for Madrid. The aircraft will initially operate twice a day on the Heathrow to Madrid route for crew training and familiarization. The airplane, registered as…
British Airways has begun commercial services with their brand new Airbus A350-1000 aircraft. The inaugural flight took off on Monday from London Heathrow Airport bound for Madrid. The aircraft will initially operate twice a day on the Heathrow to Madrid route for crew training and familiarization. The airplane, registered as…
Chief executives of some of Europe’s largest carriers met this week for the annual Airlines 4 Europe (A4E) summit and air traffic control (ATC) delays and environmental taxation were the main topics for discussion. A4E was formed in 2016 and is now the largest European airline association with a membership…
IAG (International Airlines Group), the parent company of Europe’s British Airways, Iberia, Vueling and Aer Lingus, on Friday reported a $152 million profit for the first quarter of 2019. Though the result is down in comparison to 2018, it is seen as a positive result considering the group’s competitors, AirFrance-KLM,…
