All Iberia articles
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News
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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News
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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News
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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News
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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News
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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News
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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News
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.
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News
UK competition regulator re-energises inquiry into IAG and Oneworld transatlantic pact
UK competition regulators are to re-energise the long-running probe into the IAG and Oneworld transatlantic joint business arrangement, as the air transport sector continues to recover. The Competition and Markets Authority had effectively put its investigation on hold, with interim remedies in place, as the Covid-19 pandemic disrupted airline operations. ...
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News
Ryanair 737 on foggy runway urged inbound A321 to abort after controller’s headset blunder
Pilots of a Ryanair Boeing 737-800 departing Venice intervened to urge an inbound aircraft to execute a go-around because, owing to an air traffic controller’s headset blunder, the 737 was still waiting on the runway in fog. The 737 crew, lined up on runway 04R on 18 October last year, ...
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Airline Business
British Airways ‘mid-way through’ business transformation: Doyle
British Airways is halfway through a transformation of the business under the leadership of Sean Doyle, focused on building the brand’s ‘premium’ reputation, improving engagement with employees and increasing the resilience of the technology that underpins operations.
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News
IAG again flags slower-than-expected recovery in corporate travel
IAG is still experiencing a slower-than-expected recovery in corporate travel from the Covid-19 pandemic, with British Airways seeing demand plateau in the second quarter of this year.
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News
IAG cites Iberia lessons as BA and Aer Lingus battle operational challenges
The operating environment in Europe is proving “extremely difficult” this summer, but Iberia’s strong punctuality offers a template for other carriers in the group, according to IAG.
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News
IAG sees quarterly profit top €1bn after record Iberia result
IAG cited a strong performance from its Spanish operations as the British Airways and Iberia owner saw its net profit for the second quarter of 2023 top €1 billion ($1.1 billion).
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News
Iberia enters BA and Qatar Airways joint venture
Iberia has become part of the joint venture between by fellow Oneworld carriers British Airways and Qatar Airways, expanding what had already been described by its founders as “the world’s largest airline joint business”.