iberia

British Airways’ Parent Company Posts $9 Billion Loss

International Airlines Group (IAG) has announced an operating loss of 7.426 billion Euros ($9 billion) for the full 2020 financial year, a massive drop in comparison to the 3.285 billion Euro operating profit the conglomerate posted in the 2019 financial year. “Our results reflect the serious impact that Covid-19 has had on our business. The […]

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Iberia Completes Purchase Of Air Europa at Significant Discount

After more than a year since the initial agreement was signed, Iberia has announced today the finalized acquisition of Air Europa. In November 2019, IAG, the parent company of Iberia, closed the purchase of Air Europa to create a great Spanish super-carrier, all while transforming Madrid Barajas Airport in one of the main European hubs. […]

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World2Fly – A New Spanish Airline

In the summer of 2021 a new airline will be taking to the Spanish skies. Last week, World2Meet presented the image of its new carrier. World2Fly will be the next step of the Iberostar group to connect Spain and the Caribbean. Like many of its rivals, this tour operator seeks to expand its offering in […]

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Uruguay Reopens Borders with the European Union

Uruguay’s Minister of Tourism, Germán Cardoso, announced on Tuesday that Uruguay will reopen borders for tourism to European Union citizens. This decision was made after the resumption operations between Madrid and Montevideo in July have worked positively. According to Hosteltur, Uruguay’s borders were opened to its citizens residing abroad, foreigners with residence or anyone who […]

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IAG Signal ‘Meaningful Return’ to Service in July; Post Q1 Loss of $146 million

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 […]

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Iberia Offering American Travelers Free Stopovers in Madrid

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 nights in the Spanish capital […]

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Iberia Cancels Johannesburg Route For Second Time

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 2012 during the Spanish financial […]

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Iberia Announces More Routes for New A350s, South American Expansion

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 mainly between Madrid and London […]

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