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...
It takes some stamina to digest the 1.246 pages of the draft agreement between the United Kingdom and the European Union, also known as the Brexit deal. Hailed by both UK Prime Minister Boris Johnson and European Commission chairman Ursula von der Leyen on Christmas...
International Airlines Group (IAG) is to stick to its downsizing policy and will continue to restructure its portfolio of airlines as it looks to emerge from the Covid crisis. This will be a painful process with many job losses, but absolutely necessary, the parent of...
International Airlines Group (IAG) has reported ‘good results’ for 2019 despite disruptions and higher fuel costs. Still, they were worse compared to 2018. IAG recorded an operating profit before exceptional items of EUR 3.285 billion, down -200 million from the...
Ryanair regained its leading position as Europe’s biggest airline in passenger numbers: the Irish low-cost flew 152.4 million pax in 2019, including LaudaMotion. This makes her bigger than Lufthansa again, who secured pole position in 2018. Now that most airline...
