International Airlines Group (IAG) has revised its medium-term growth forecast. Available Seat Kilometers (ASK) is expected to grow by on average 3.4 percent annually until 2022 compared to the previous guidance of 7.4 percent. This number has already been revised…
The Spanish airline market is set for more consolidation as independent Air Europa will be bought by Iberia for EUR 1 billion, Iberia’s parent company International Airlines Group (IAG) announced on November 4. Subject to regulatory approval, the deal is expected…
Of Europe’s Big 4 airlines’ groups, International Airlines Group (IAG) has delivered the best net-result in HY1. It reported a net profit after tax but before exceptional items of EUR 806 million compared to 803 million last year or 806…
IAG, parent of British Airways, Iberia, Vueling, Level, and Aer Lingus, has ordered 14 A321XLR aircraft, eight of which will be assigned to Iberia and six for AerLingus. This order brings the Airbus order book for IAG to 530 aircraft.…
International Airlines Group (“IAG”) has signed a letter of intent to purchase 200 Boeing 737 MAX aircraft for its airlines, which include British Airways, Iberia, Vueling, and Level. The order is a boost to the 737 MAX program that is…
Of Europe’s three big airline groups, International Airlines Group (IAG) has been the only one to record a profit for Q1. On May 10, IAG announced a profit of EUR 135mln, down 60.3 percent on last year’s EUR 340mln. The…