The Spanish airline market is set for more consolidation as independent Air Europa will be bought by Iberia for EUR 1 billion, Iberia’s parent company International Airlines Group (IAG) announced on November 4. Subject to regulatory approval, the deal is expected…
Of Europe’s Big 4 airlines’ groups, International Airlines Group (IAG) has delivered the best net-result in HY1. It reported a net profit after tax but before exceptional items of EUR 806 million compared to 803 million last year or 806…
International Airlines Group (“IAG”) has signed a letter of intent to purchase 200 Boeing 737 MAX aircraft for its airlines, which include British Airways, Iberia, Vueling, and Level. The order is a boost to the 737 MAX program that is…
Of Europe’s three big airline groups, International Airlines Group (IAG) has been the only one to record a profit for Q1. On May 10, IAG announced a profit of EUR 135mln, down 60.3 percent on last year’s EUR 340mln. The…
International Airlines Group (IAG) latest offspring LEVEL has further spread its wings by opening a new short-haul base at Amsterdam Schiphol Airport on April 6. Maybe seen a bit as an enigma to some, the launch presentation press conference was…
From sudden opportunity to strategic investment: that sums up the position that Austrian low-cost carrier LaudaMotion has taken within Ryanair, the Irish LCC and the number 2-airline within Europe on passenger volumes. But what’s the plan behind this? Airinsight briefly…