IAG sees solid double-digit margins for all airlines
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Tag Luis Gallego
Record-result Iberia benefits IAG HY1 profits
Strong results at Iberia and British Airways have helped to boost International Airlines Group’s (IAG) operating profit of €1.3 billion euros in HY1. Traffic on routes to North and South America was particularly strong and should have fully recovered to pre-pandemic…
IAG produces small Q1 operating profit
International Airlines Group (IAG) produced its first Q1 operating profit since Q1 2019, although it was just €9 million. But the airline group is bullish about the rest of the year and expects a significantly higher operating profit before special items…
IAG expects solid profit in 2023 as it transforms business
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…
IAG and Globalia agree on Air Europa deal
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…
Vueling leads the recovery back to 2019 levels at IAG
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 Vueling and IAG…