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Tag IAG
IAG thrives on its Spanish subsidiaries
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 losses…
Brussels has worries over Air Europa acquisition
The acquisition of Spanish airline Air Europa by the International Airlines Group (IAG) is not a foregone conclusion. On June 30, the European Commission said it will start an in-depth investigation over concerns that the acquisition may reduce competition on domestic…
IAG looks to UK for May travel relaxations
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…
Europe’s airlines 2020: Lufthansa Group reports 6.7 billion loss
While some European airlines have released results for their staggered financial years, it was actually Icelandair to be the first one to report on its full-year 2020 results on February 9. Like we have done with US airlines, here is…
IAG produces 6.9 billion loss in 2020
While the EUR -7.0 billion net loss of Air France-KLM has come as a shock, International Airlines Group (IAG) hasn’t fared much better in 2020. On February 26, it reported an almost identical loss after tax of EUR -6.923 billion compared…