All International Airlines Group ( IAG ) articles – Page 2
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Airline BusinessCan European airline group consolidation aims come to fruition?
Consolidation is very much in the air for the three big European airline groups, all of whom are in the process of trying to get acquisitions done and with the prospect of a move for TAP Air Portugal still in the offing.
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NewsIAG 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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NewsIAG 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 BusinessEuropean consolidation wave spreads north with Air France-KLM move for SAS
Consolidation within Europe post-pandemic has largely focused on opportunities for the big three airline groups to bolster their presence in the south of the continent.
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NewsUK 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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NewsTAP chief upbeat as Portugal set to approve privatisation plan
TAP Air Portugal chief executive Luis Rodrigues is hopeful of completing privatisation of the carrier within the next year as Portugal’s government is expected tomorrow to back a decree covering its planned sale process.
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PodcastAirline Business Podcast: Strong financials, market ‘normalisation’ and start-up stories
Graham and Lewis look back on another strong set of quarterly results from the global airline industry, while considering whether the coming months will see ‘normalisation’ in more markets.
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Airline BusinessAirline Business performance tracker: Europe Q2 2023
Key data from the most-recent European earnings period – the April-June 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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Airline BusinessBritish 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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NewsIAG 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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NewsBritish Airways to take six more Boeing 787-10s
IAG has firmed an order for six Boeing 787-10 widebodies, while adding six more options for the variant.
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NewsIAG invests in UK waste-to-fuel bioethanol production facility
British Airways and Iberia parent IAG is investing in a UK-based firm developing processes to produce bioethanol for sustainable biofuel, sourced from non-food agricultural waste and wood residue. The firm, Nova Pangaea Technologies, is developing a UK waste-to-fuel production facility called NovaOne, but has ambitions to expand to the other ...
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NewsIAG firms more options on Airbus single-aisle jets
British Airways and Iberia parent IAG is converting options on another 10 Airbus A320neos into firm orders. The company states that the aircraft will be delivered in 2028. IAG says they will replace older A320-family jets, adding that it has the option to take some of the additional aircraft as ...
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Airline BusinessAirline Business performance tracker: Europe Q1 2023
Key data from the most-recent European earnings period – the January-March 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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PodcastAirline Business Podcast: Q1 earnings, Ryanair order, Go First woes, Joyce's Qantas legacy
Graham and Lewis discuss how European and North American carriers performed during the recent earnings season, which saw a degree of ‘normalisation’ and plenty of positivity about the summer
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Airline BusinessHow strong is the corporate air travel recovery?
As airline quarterly earnings ‘normalise’ in the Covid-19 recovery, many large European and US carriers are beginning to quantify how strongly – or not – corporate travel is coming back.
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NewsIberia names temporary chief executive
Spanish airline Iberia has named Fernando Candela Perez as its new chairman and chief executive, effective from July through to the end of 2023, following Javier Sanchez-Prieto’s decision to step away from the business.
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PodcastAirline Business Podcast: Consolidation challenges, Riyadh Air, C-suite diversity
Graham and Lewis talk through the growing list of consolidation moves within the global industry, discussing why deals take such a long time to get over the line.
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Airline BusinessAirline Business performance tracker: Europe Q4 2022
Key data from the most-recent European earnings period – the fourth quarter of 2022 – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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NewsIAG chief expects Spanish acquisition, with greater market ‘certainty’ supporting Air Europa deal
IAG group chief executive Luis Gallego sees “more certainty” in the market as providing greater hope that it can complete a deal for Air Europa after a previous acquisition attempt collapsed in late 2021.
