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British Airways doing all to prevent another Heathrow disaster

British Airways doing all to prevent another Heathrow disaster

by Richard Schuurman | May 6, 2022 | Airlines | 1 comment

British Airways is doing everything it can to prevent a repetition of the travel chaos it experienced in Q1 at London Heathrow and from IT issues. It is beefing up its organizational structure, hiring new staff, and rebuilding IT, but the carrier is frustrated by...
IAG set for strong recovery from second quarter

IAG set for strong recovery from second quarter

by Richard Schuurman | Feb 25, 2022 | Airlines | 0 comments

International Airlines Group (IAG) is expecting to return to profitability in the second quarter and produce operating results and operating cash flows that will be “significantly positive” for the rest of 2022. That will come after a loss-making first quarter and...
IAG reaches inflection point and reduces losses

IAG reaches inflection point and reduces losses

by Richard Schuurman | Nov 5, 2021 | Airlines | 0 comments

The third quarter has been an ‘inflection point’ for International Airlines Group (IAG). It has drastically reduced its operating loss by almost three quarters to €452 million and stopped burning cash. Its Spanish airlines performed best, with Iberia producing a net...
IAG thrives on its Spanish subsidiaries

IAG thrives on its Spanish subsidiaries

by Richard Schuurman | Jul 30, 2021 | Airlines | 0 comments

International Airlines Group’s (IAG) fortunes have been heavily influenced by the diffuse travel situation in various European countries. While British Airways and Aer Lingus suffered from restrictions and low demand, Iberia and Vueling have been able to reduce their...
IAG looks to UK for May travel relaxations

IAG looks to UK for May travel relaxations

by Richard Schuurman | May 7, 2021 | Airlines | 0 comments

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...
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