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A Norwegian Boeing 787-9 Dreamliner (Photo: Norwegian)

IAG Group Gets Stake of Norwegian Air Shuttle, Prepares Buyout Offer

In a statement released this morning, IAG Group, the holding company that controls British Airways and Iberia, among other companies, confirmed that it took a major step towards the acquisition of Norwegian Air Shuttle. The statement indicates that the company bought an ownership position of 4.61 percent, which allows IAG to initiate discussions with Norwegian, "including the possibility of a full offer" for the Nordic carrier. IAG is considering Norwegian Air Shuttle ASA as an "attractive investment," but reaffirms that…

Low-Cost Airlines Crossing the Pond: LEVEL

Since the introduction of numerous low-cost airlines to the transatlantic market, access to Europe has never been easier or cheaper. New fuel-efficient aircraft and low-cost business models have allowed for increased competition among low-cost carriers, with more and more starting up every year. This series will serve to give an in-depth…

IAG Calls for Easing of UK Visa Restrictions for Chinese…

The importance of air route connectivity between the UK and China has long been touted as one of the reasons to expand London’s Heathrow Airport. With the world’s busiest two runway airport currently at capacity, the addition of new routes to China has been restricted, making it near impossible for…

Formula One Legend Niki Lauda Beats IAG to Regain His…

Formula One legend Niki Lauda, who survived a horrific crash at the German Grand Prix in 1976 and has since shifted his endeavors to the aviation industry, has defied the odds again and successfully bid for the return of the airline he founded in 2003. Reuters reported on Tuesday that…

Iberia Announces First Airbus A350 Long-Haul Route

During an event at Fitur, the International Tourism Fair in Madrid, Spanish airline Iberia announced the first route for its new Airbus A350-900 aircraft to New York's JFK Airport. However, the airline did not go as far as to announce a start date for the aircraft, and no updated schedule…

LEVEL Lands a New Hub In Paris

From July 2018, the International Airlines Group (IAG) will launch new flights from Paris to Montreal, Newark, Guadeloupe, and Martinique under thr brand LEVEL, the company’s low-cost long-haul brand. LEVEL was founded in early 2017 by IAG partly in reaction to low-cost long-haul carriers such as Norwegian Air Shuttle, who…

IAG Profits Rise Despite Challenging Environment

International Airlines Group (IAG), the multi-national airline holding company, has announced that its operating profits have risen by an incredible 37 percent to €975m in the past six months, up from €710m during the same period last year. The company, which currently owns Aer Lingus, British Airways, Iberia, Level and…

Norwegian Brushes off Concerns Regarding IAG’s Level

Norwegian Air CEO, Bjorn Kjos, announced yesterday that he is not wavered or concerned about IAG’s plans to start a low-cost airline offering transatlantic flights. Norwegian Air has all but dominated the low-cost, long-haul market from their base at London Gatwick, where with their young fleet of Boeing 787’s have managed to…

IAG Brings Low-Cost, Long-Haul Travel to a New Level

International Airlines Group (IAG), the owner of British Airways, Aer Lingus, Iberia, and Vueling, announced they would be launching a new long-haul airline called Level. The airline will be the fifth airline brand under IAG operation. The airline will be based in Barcelona, Spain and will fly to four destinations starting in…

Qatar Airways Increases Stake in IAG

After seeing success in its initial investment, Qatar Airways has raised its stake in International Consolidated Airlines Group (IAG) to a total of 15.01%. Current restrictions in the European Union allow foreign investors to hold up to 49% of a European carrier, giving Qatar plenty of opportunities to grow its…