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IAG expects solid profit in 2023 as it transforms business

IAG expects solid profit in 2023 as it transforms business

by Richard Schuurman | Feb 24, 2023 | Airlines | 0 comments

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...
IAG and Globalia agree on Air Europa deal

IAG and Globalia agree on Air Europa deal

by Richard Schuurman | Feb 23, 2023 | Airlines | 0 comments

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...
Vueling leads the recovery back to 2019 levels at IAG

Vueling leads the recovery back to 2019 levels at IAG

by Richard Schuurman | Oct 28, 2022 | Airlines | 0 comments

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...
Why IAG splits its narrowbody orders between Airbus and Boeing

Why IAG splits its narrowbody orders between Airbus and Boeing

by Richard Schuurman | Oct 27, 2022 | Airbus, Airlines, Boeing | 0 comments

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...
Joint business plan BA and Qatar Airways is now complete

Joint business plan BA and Qatar Airways is now complete

by Richard Schuurman | Sep 26, 2022 | Airlines | 0 comments

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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