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International Airlines Group (IAG) has withdrawn from an agreement to purchase the remaining 80% share of Spanish carrier Air Europa.
International Airlines Group (IAG) has withdrawn from an agreement to purchase the remaining 80% share of Spanish carrier Air Europa.
‘The human need to fly has never been stronger,’ IATA’s Director General said during the association’s annual meeting in Dubai.
The International Airlines Group (IAG) has reported a significant increase in operating profit for the first quarter of the year.
The European Commission (EC) has issued a ‘Statement of Objections’ on IAG’s proposed acquisition of Spanish-based Air Europa.
In its annual punctuality evaluation, Cirium examines on-time performance among airlines and airports around the world and highlights the top performers.
Spain’s Iberia announced the return of nonstop flights between Madrid and Tokyo’s Narita International Airport starting in October 2024.
The International Airlines Group (IAG) has delivered an astounding turnaround by posting a record operating profit for the first half of 2023 (1H23). The parent company of British Airways, Iberia, Vueling, LEVEL, and Aer Lingus achieved a €1.26 billion ($1.39 billion) result for 1H23. A contrast to the same period last year when the consortium […]
International Airlines Group (IAG) has agreed to purchase the remaining 80% stake of Air Europa that it did not already own from Spanish company Globalia. In announcing strong financial results for 2022 and a positive outlook for 2023, IAG revealed that it had finalized an agreement to pay 400 million Euros ($422 million) to acquire […]
Iberia has chosen Argentina as the first intercontinental market to debut the new A350 Next aircraft, which include its new cabin products, on the Madrid (MAD) – Buenos Aires (EZE) route. Gradually, these aircraft will be incorporated on the company’s other Latin American services. On January 3, flight IB 6845 was operated by the A350-900 […]
The International Airlines Group (IAG) Anglo-Spanish multinational holding company formed on January 21, 2011, from the merger of the flag carriers of the United Kingdom and Spain, British Airways and Iberia, published its financial results for the third quarter of 2022 a few days ago. As of September 30, 2022, the Group had total liquidity […]