iberia

International Airlines Group Posts Record Half-Yearly Profit

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 […]

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IAG Acquires Full Control of Air Europa

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 […]

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Argentina is the First Destination for Iberia’s New Airbus A350 Next

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 […]

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