All Iberia articles
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News
Iberia to co-operate with budget carrier Level as it emerges as separate airline
Spanish carrier Iberia and budget long-haul operator Level will initially co-operate on US services following Level’s establishment as a standalone carrier. Level has secured its own air operator’s certificate, under the name Fly Level Barcelona, the Spanish civil aviation regulator AESA confirms. The airline – which, like Iberia, is owned ...
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IAG upbeat on rest of year after lifting third-quarter profit
IAG expects its strong financial performance to continue in the last quarter of the year after lifting operating profit 15% in the third quarter to over €2 billion ($2.15 billion).
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Spain’s Iberia takes delivery of first long-range Airbus A321XLR
Iberia has taken delivery of the first Airbus A321XLR, the longest-range variant of the A321neo family.
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News
Iberia seals profit-sharing pact with pilots featuring broader performance criteria
Iberia has reached an agreement with Spanish cockpit union SEPLA under which pilots will be rewarded if the carrier achieves operational as well as financial targets. The pact will run until the end of 2027 rather than 2025. Pilots will receive additional income tied to Iberia’s earnings, says the carrier. ...
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IAG offered to hand over 52% of Air Europa frequencies to secure acquisition
British Airways and Iberia owner IAG was willing to sacrifice 52% of Air Europa’s 2023 frequencies to secure its acquisition of the business, but that was not enough to satisfy the European Commission.
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Iberia prepares for A321XLR introduction following certification
Spanish flag-carrier Iberia has shown off its first Airbus A321XLR carrying the airline’s colours, as the long-range model receives European type certification. Iberia will be the first operator of the XLR. It is to take delivery of eight aircraft, part of a batch of 14 XLRs ordered in June 2019 ...
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News
Spanish carriers and Airbus among partners aiming to study hydrogen hub operations
Airbus and Iberia are among partners planning to study the issues associated with establishing a hydrogen airport hub in Spain. The partnership – which also includes regional carrier Air Nostrum, airports operator Aena, and energy specialists Repsol and Exolum – aims to develop a “holistic view” of hydrogen-powered aircraft integration, ...
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Iberia to launch A321XLR with Boston and Washington DC routes
Iberia has named Boston and Washington DC as the likely inaugural destinations for the Airbus A321XLR when it becomes the first carrier in the world to launch flights with the long-range narrowbody later this year.
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News
IAG lifts first quarter operating profit on strong passenger demand
British Airways and Iberia parent IAG increased operating profits before exceptionals in the first quarter to €68 million ($59 million) driven by higher passenger revenues for the period.
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Airline Business
Upbeat IAG strikes positive note as BA and Iberia head growth in 2024
After delivering one of the highest operating profits in its history, European airline group IAG offered little by way of firm guidance for the year to come but was in positive mood in its commentary.
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IAG chief still optimistic over Air Europa deal
IAG chief executive Luis Gallego remains optimistic that the group can secure approval for its long-running attempt to acquire Spanish carrier Air Europa after putting forward further remedies to address European regulator competition concerns over the planned acquisition.
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Vueling chief executive to head Iberia
IAG has named Vueling chief executive Marco Sansavini as the new head of Spanish flag carrier Iberia.
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IAG almost trebles operating profit in 2023
British Airways and Iberia parent IAG nearly trebled full-year operating profits in 2023 to just over €3.5 billion ($3.8 billion) after lifting revenue 28% during the year.
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News
Commission initiates deeper probe into latest IAG-Air Europa tie-up bid
IAG’s latest attempt to acquire Spanish carrier Air Europa is being referred for in-depth investigation by the European Commission over competition concerns.
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Airline Business
Level to get its own AOC as part of IAG Spanish expansion plans
IAG’s long-haul, low-cost carrier Level is to get its own air operator’s certificate (AOC) and will increase its fleet to eight aircraft by 2026 under growth plans disclosed at the airline group’s Capital Markets day on 21 November.
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IAG eyes operating margin of 12-15% in medium-term
British Airways and Iberia parent IAG has set itself a medium-term profits target of delivering an operating margin of 12-15%.
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IAG positive on outlook but ‘mindful’ of geopolitical issues
While IAG gave relatively little away in terms of its full-year guidance after posting a strong set of third-quarter profits, this perhaps reflects confidence in the return of the fundamentals of the business more than a lack of visibility. IAG lifted operating profits 43% to €1.75 billion ($2.05 billion) in ...
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News
IAG carriers top pre-Covid levels as group posts Q3 profit of €1.7bn
IAG posted a 43% jump in operating profits to €1.75 billion ($2.05 billion) for the third quarter on continued strong demand which drove passenger revenues up a fifth for the period.
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Airline Business
Air Nostrum chief on why CityJet tie-up still has compelling rationale
Even though it has taken almost five years to get the deal over the line, the coming together of European regional carriers Air Nostrum and CityJet still has a compelling rationale, in the view of the Spanish carrier’s chief executive Carlos Bertomeu.
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Air Nostrum and CityJet finally join forces in European regional alliance
Regional carriers Air Nostrum and CityJet have formally joined forces to create a European regional airline alliance, nearly five years after a tie-up was first proposed.