International Airlines Group’s (IAG) fortunes have been heavily influenced by the diffuse travel situation in various European countries. While British Airways and Aer Lingus suffered from restrictions and low demand, Iberia and Vueling have been able to reduce their...
Seven years after parent airline Lufthansa, SWISS is set to introduce Premium Economy seats on its fleet from the final quarter of this year. The new class was unveiled on June 28 and puts SWISS among the airlines that want to benefit from passengers who want to pay...
International Airlines Group (IAG) reported a EUR -1.067 billion after-tax loss for the first quarter, an improvement of EUR -1.683 billion in the first quarter last year but still reflects badly, it said on May 7. The operating loss was EUR -1.068 billion versus...
The airline industry needs another $80 billion in financial aid from governments to get it through the upcoming winter season, IATA Direct General Alexandre de Juniac said last week ahead of Tuesday’s digital Annual General Meeting in Amsterdam. This comes on top of...
International Airlines Group (IAG) is to stick to its downsizing policy and will continue to restructure its portfolio of airlines as it looks to emerge from the Covid crisis. This will be a painful process with many job losses, but absolutely necessary, the parent of...
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