Vueling

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 Confirms Order for Boeing 737s and Options for Additional Aircraft

Shareholders of the International Airlines Group (IAG) have approved the consortium’s order for 50 Boeing 737 aircraft announced in May. Boeing has confirmed the order for the aircraft is now ‘firm’ and IAG will also have the option for 100 more. In IAG’s initial announcement which was given five months ago, it was noted that […]

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IAG Finalizes Agreement For Up To 150 Boeing 737 Aircraft

International Airlines Group (IAG) has announced on Thursday that they have reached an agreement with Boeing to order 25 737-8200 and 25 737-10 aircraft. The announcement also advises that the parent group of British Airways, Iberia, Vueling, Aer Lingus and LEVEL have the option for a further 100 aircraft in the future subject to shareholder […]

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International Airlines Group Aims for 75% of Pre-Pandemic Capacity by End of 2021

International Airlines Group (IAG) announced its Q2 results on Friday that indicated progress in the consortium’s recovery from the pandemic. The parent company of the U.K. and European airlines including British Airways, Iberia, Vueling, Aer Lingus and LEVEL revealed an operating loss of €967 million ($1,148 million) that compares to a restated loss of €2,182 […]

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Vueling To Turn Barcelona Into an Innovation Hub

Many European airlines have received assistance funds during the last year to survive the COVID-19 pandemic. The European Union and various national governments gave those funds with strict conditions, often forcing the carriers to present restructuring plans. One of the beneficiaries of such loans has been Vueling, the Spanish low-cost airline based in Barcelona-El Prat […]

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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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