International Airlines Group (IAG) produced its first Q1 operating profit since Q1 2019, although it was just €9 million. But the airline group is bullish about the rest of the year and expects a significantly higher operating profit before special items…
Another major airline group returned to profitability in 2022, with International Airlines Group (IAG) reporting a €431 million net profit compared to a €-2.933 billion net loss for 2021. The past year was a strong one for recovery. IAG looks ahead…
UPDATE – International Airlines Group (IAG) has a deal to acquire Spanish airline Air Europa. It announced an agreement with the airline’s owner Globalia on Thursday evening, saying it intends to pay €400 million for the independent carrier. The acquisition…
The coming twelve months could be crucial for the consolidation of the airline industry in Southern Europe. Not just in Italy, where a final decision on the partial sale of ITA Airways is delayed as a new administration has entered…
While significantly improving its Q3 results year-on-year, International Airlines Group (IAG) hasn’t fully matched its 2019 results like main rivals Lufthansa Group and Air France-KLM have done. IAG ended the third quarter with a €1.208 billion net profit, with Vueling and IAG…
International Airlines Group (IAG) shareholders have approved previously announced aircraft orders with Airbus and Boeing. These are all narrowbody aircraft purchased for growth and fleet renewal of its airlines. But what is the ratio of this order? Why IAG splits its…