IAG’s 3Q26 operating profit fell 16% to €1,726m, and fuel rose €570m on €416m of new revenue. The 17.7% margin still beat Lufthansa at 11.5% and Air France-KLM at 13.6%, though definitions differ. The Quarter IAG reported on November 6.…
The race is on for TAP Air Portugal. Both Air France-KLM and Lufthansa Group have filed non-binding offers for a minority stake in the Portuguese national carrier, meeting the April 2 deadline set by the government. This starts an evaluation…
International Airlines Group (IAG) reported solid results for 2025 with a consolidated net profit of €3.3 billion, up from €2.7 billion year-over-year. Except for Aer Lingus, all airlines exceeded the targeted operating margins of 12 to 15 percent. Notably, British…
Despite substantial passenger numbers, GOL continues to face significant financial challenges. Burdened by intense competition, a complex business model, and delays in aircraft deliveries, the airline was forced to file for Chapter 11 bankruptcy protection a year ago. Facing over…
IAG, International Consolidated Airlines Group, reported strong third quarter earnings that beat street expectations today. The group also announced that it would buy back €350 million of its own shares beginning next week. Robust travel demand and strong cash generation…
One IAG carrier will replace another as the launch customer for the A321XLR, with Iberia now replacing Aer Lingus. With an on-going dispute with pilots, Aer Lingus will defer its deliveries of the latest Airbus model. Iberia CEO Marco Sansavini…