Open up the world to unrestricted air travel with reliable pre-flight Covid-testing and facilitate travelers by offering them the latest and easy to use app-technology. Already in the last few months, this has been the message of IATA, but it…
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…
Captains of Europe’s Big Five airlines are worried but not in a panic about how Covid-19 will impact the air travel industry this year. At least, that has been their message at the Airline 4 Europe (A4E) Aviation Summit in…
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…
Willie Walsh made no secret about his desire to retire as International Airlines Group (IAG) CEO before reaching the age of 60 in October 2021. He repeated it during last November’s Capital Markets Day, but on January 9, IAG confirmed…
International Airlines Group (IAG) has revised its medium-term growth forecast. Available Seat Kilometers (ASK) is expected to grow by on average 3.4 percent annually until 2022 compared to the previous guidance of 7.4 percent. This number has already been revised…