by Richard Schuurman | May 7, 2021 | Airlines |
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...
by Richard Schuurman | Mar 4, 2021 | Airlines |
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 a rolling story on the results of...
by Daniel Martínez Garbuno | Jan 21, 2021 | Airlines |
International Airline Group’s (IAG) acquisition of Air Europa will strengthen Iberia’s position in Latin America. It allows the Spanish airline more access in the Americas, as Air Europa currently operates to 14 Latin American countries. Enhancing connectivity...
by Richard Schuurman | Jan 20, 2021 | Airlines |
It will take at least another six months to be completed, but the acquisition of independent Spanish airline Air Europa by International Airlines Group’s subsidiary Iberia has taken another hurdle. In an amended agreement announced on January 19, Iberia said it will...
by Richard Schuurman | Nov 22, 2020 | Airlines |
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...
