IAG’s announcement that it will sell its 3.93% share in Norwegian Air Shuttle (ASA) in due course marks the end of a nine-month attempt by the airline group to get a grip on the low-cost airline from Northern Europe. Who…
International Airlines Group (IAG) have carried 112.9 million passengers in 2018, up 7.7% from the previous year, IAG announced on January 8. It is the first time the five major airlines within IAG have cleared 110m passengers. Capacity increased 7.1%…
Qatar Airways bought a 5% stake in China Southern Airlines, both companies announced on January 2 on a deal concluded on December 28, 2018. Qatar bought on-market A and H shares of China Southern Airlines Company Limited (CSACL) for an…
Leasing of aircraft has taken a jump. Yet airlines prefer to buy them outright too. Richard Schuurman looks at the trends. Over the half a century of airliner leasing it has been a booming business. “In 1970 a half of…
Various sources have reported today that IAG has taken a 4.6% stake in Norwegian. Both sides are being careful with any statements. Norwegian is going to spin this as being good because they are attractive with a viable business model. …
Recently bankrupted Niki has been bought by the IAG Group for €20m. IAG plans to run NIKI as a subsidiary of its Spanish LCC Vueling. Reports are that 740 NIKI staff will be moved to the new company. In addition,…