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 to an even better...
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 is...
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...
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...
Almost six years to the day since their first announcement, British Airways, and Qatar Airways said today that they will complete the expansion of their Joint Business Partnership. The two carriers claim they offer the largest joint airline business, which includes...
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