IAG reports strong third quarter 2024 results
Category IAG
Iberia now launch customer for A321XLR
2023 Financial Recovery for BA/IAG and AF/KLM
British Airways, IAG Group, and Air France/KLM reported strong profits for 2023 as Europe’s aviation industry continues to rebound from the global pandemic. IAG had a solid fourth quarter and year, while AF/KLM had a 4th quarter loss but a…
IAG pulls the plug on LEVEL Europe
International Airlines Group (IAG) has pulled the plug on its European short-haul low-cost airline LEVEL Europe, formerly known as Anisec Luftfahrt. The airline has filed for insolvency and has ceased trading with immediate effect from June 18. LEVEL cites the…
IAG: -1.8 billion Q1 loss, planning to return to 50 % capacity in Q3
International Airlines Group (IAG) posted a EUR -1.860 billion net loss for Q1, it announced on May 7. Excluding special items, this was EUR -535 million. IAG expects that a long recovery to pre-Covid levels will take until at least…
British Airways: some 12.000 jobs at stake – more to come at IAG
British Airways could slash up to 12.000 jobs as it has started a restructuring and redundancy program in response to the Covid-19 crisis, parent company International Airlines Group (IAG) confirmed on April 28. The restructuring will also affect the Group’s…