International Airlines Group (IAG), the parent company of British Airways, has announced a first-quarter (Q1) loss for 2020 of €535 million ($579 million). This compares with an operating profit of €135 million ($146 million) for the same period last year. Unsurprisingly the novel coronavirus (COVID-19) impacted the consortium’s operations for the period resulting in a 10.5% reduction in capacity from Q1 2019. Significant losses on fuel hedging derivatives and foreign exchange transactions were also cited as contributing factors to the…
Iberia customers in the United States are now able to stopover for free in Madrid while traveling to or from any of the airline's 108 European, African and Middle Eastern destinations through their hub in the city. The "Stopover Hola Madrid" program allows American passengers to stay up to six…
Spain’s national airline, Iberia, has announced it will be canceling its route between Madrid and Johannesburg as of Sept. 1, 2019. The airline cited poor profits in its decision to end the three-year-old route. This is the second time that the airline has ended the route, previously ending it in…
Over the past few years, Air Europa has been strengthening its route network between its hub in Madrid and Latin America, with flights to Guayaquil, Ecuador; San Pedro de Sula, Honduras and Cordoba, Argentina via Asuncion Paraguay, having been added in the last two years. The airline now flies to…
Spanish flag carrier Iberia has announced a major route expansion for its latest aircraft, the Airbus A350-900XWB, which will now serve Chicago and Buenos Aires, Argentina in addition to New York. First delivered to the airline in June, the newest aircraft type in Iberia’s fleet started out on intra-European routes…
Spanish flag carrier Iberia recently began a fleet renewal that includes the Airbus A350-900XWB as its centerpiece. The Madrid-based airline first took delivery of the ultra-modern aircraft in June before deploying it on short-haul routes in Europe, notably Madrid-London, for crew training purposes. Its first long-haul flight took place on…
After weeks of flying proving routes across Europe to cities such as London and Paris, Iberia’s first Airbus A350 joined its first scheduled long-haul route flying from Madrid to New York. Departing from Madrid’s Barajas International Airport on Saturday, the newest member of Iberia’s fleet flew a special third flight…
The bosses of two of Europe's most prominent airline operators have united in their intent to submit a complaint to the European Commission in Brussels over air traffic control (ATC) strikes, which they claim are in danger of getting out of control. The CEO of International Airlines Group (IAG), Willie…
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…
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…
