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First A321XLR Delivered to Iberia

The first Airbus A321XLR was delivered to Iberia on Wednesday. After over a year of delays, the long-range narrowbody jet may enter revenue service as soon as next week. Airbus faced some regulatory headwinds with the aircraft’s additional fuel tanks,…

IAG Withdraws from Air Europa Purchase

International Airlines Group (IAG) has withdrawn from an agreement to purchase the remaining 80% share of Spanish carrier Air Europa. Reuters reported the decision was made public on Thursday as IAG announced its half-yearly trading figures. Chief Executive Luis Gallego…

IATA Expects Record Airline Revenues in 2024

The International Air Transport Association (IATA) is forecasting total airline revenues for 2024 will reach a record high of $996 billion. This week, the airline trade association held its Annual General Meeting (AGM) and World Air Transport Summit in Dubai,…

IAG Airlines Post Positive Q1 Results

The International Airlines Group (IAG) has reported a significant increase in operating profit for the first quarter of the year (Q1 2024). The consortium that includes British Airways (BA), Iberia, Vueling, Aer Lingus, and LEVEL posted a €68 million ($73…

IAG-Air Europa Deal May Have ‘Negative Effect on Competition’

The European Commission (EC) has issued a ‘Statement of Objections’ to the International Airlines Group (IAG) on IAG’s proposed acquisition of Spanish-based Air Europa. The Commission released a statement on Friday after opening an investigation in January 2024 ‘to understand…