All International Airlines Group ( IAG ) articles – Page 3
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Airline BusinessHas air cargo embraced digitalisation during its moment in the sun?
Having long lagged the passenger industry when it comes to digitalisation, the cargo sector might have seen its best opportunity to change that, thanks to its elevated post-pandemic status
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Airline BusinessVueling heads IAG carrier capacity and profits return
Spanish low-cost carrier Vueling is leading the pace in restoring capacity and profit returns among IAG carriers as the group sees all but British Airways and Level operating at or above 2019 ASKs in the first quarter of next year.
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NewsIAG sees full-year operating profit of €1.1bn after confirming strong third quarter
European airline group IAG expects to post an operating profit of €1.1 billion ($1.1 billion) before exceptionals for the full-year after confirming a strong third quarter in which all of its carriers were back in the black.
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NewsIAG confirms order for 37 more A320neos after shareholder approval
British Airways and Iberia parent IAG has confirmed an order for 37 A320neo aircraft, after its shareholders approved the purchase on 26 October. The order was announced in late July and followed agreements earlier in the year for 22 A320neo-family jets, meaning IAG has now made firm commitments for 59 ...
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NewsIAG reports ‘better than expected’ third-quarter trading
British Airways and Iberia owner IAG says trading during the third quarter was better than expected, driven by revenue strength on the passenger side of the business.
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NewsSpanish carriers strongest as IAG returns to second-quarter profits
British Airways and Iberia parent IAG is expecting an operating profit for the full year, pre-exceptions, and for the third-quarter figure to improve significantly on that in the second. IAG has turned in an operating profit of €293 million ($299 million) for the three months to 30 June, although the ...
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NewsIAG orders 37 more Airbus A320neo-family jets
British Airways and Iberia owner IAG has ordered a further 37 Airbus A320neo-family twinjets, as its single-aisle modernisation effort continues. Announcing the deal on 28 July, IAG says 12 of the A320neo options it took in August 2013 – which covered up to 220 single-aisle jets – have been converted ...
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NewsIAG single-aisle modernisation continues as more A320neo options firmed up
British Airways and Iberia parent IAG is converting options for another 14 Airbus A320neo-family twinjets into firm orders. The options were originally disclosed as part of an agreement for up to 220 Airbus single-aisle jets in 2013. IAG says the latest firming of options covers three A321neos and 11 A320neos. ...
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NewsIAG single-aisle renewal ends uncertainty over 737 Max commitment
IAG’s decision to order a combination of Boeing 737 Max 10s and Max 8-200s puts an end to scepticism as to whether a tentative agreement for 200 aircraft, three years ago, would survive crises affecting the Max and the broader air transport industry, as well as changes of IAG management. ...
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NewsIAG to order up to 150 737s including Max 10 and high-density Max 8
British Airways and Iberia parent company IAG has agreed to order up to 150 Boeing 737 Max jets. The order will comprise 25 737 Max 10 variants, plus 25 of the high-density 737 Max 8-200. IAG is also taking 100 options, it states. The twinjets – powered by CFM International ...
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NewsBritish Airways trims capacity plan to tackle operational challenges
IAG expects to operate 80% of pre-crisis capacity across this year, less than the 85% it had originally targeted after British Airways scaled back its planned flights this summer in a bid to make its operations more resilient.
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NewsIAG hopeful of clearance to take 20% of Air Europa in next six months
IAG chief executive Luis Gallego is hopeful the group will be cleared to take a 20% stake in Air Europa within the next six months as it continues efforts to finalise its on-off deal for the Spanish carrier.
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Airline BusinessCovid and Ukraine weigh on sentiment but signs of normality at A4E summit
Many of Europe’s airline chief executives gathered in Brussels last week for the annual A4E Aviation Summit. A4E – or Airlines for Europe – which represents carriers and groups including Air France-KLM, EasyJet, IAG, Lufthansa and Ryanair, took the opportunity to highlight its calls for action on topics including Single ...
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NewsIAG to secure exclusivity on Air Europa acquisition through loan to Globalia
IAG has agreed to loan Air Europa parent Globalia €100 million ($111 million) over seven years in a deal that gives the pan-European group exclusivity on rights to purchase the Spanish airline.
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NewsAir Europa talking to ‘other European carriers’ about tie-up: IAG chief
Spanish carrier Air Europa is talking to other European carriers about a potential tie-up, according to the chief executive of suitor IAG.
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NewsIAG reports ‘strong recovery’ as it forecasts full-year capacity at 85% of 2019
British Airways and Iberia owner IAG expects to operate 85% of 2019 capacity this year, as it reports improving financial performances across its airlines.
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NewsUK regulator drops IAG-Air Europa probe after tie-up termination
UK competition regulators have dropped their probe into the IAG-Air Europa merger, after the two sides terminated the tie-up in the form originally envisioned. IAG had proposed to acquire the whole of Spanish carrier Air Europa’s share capital from parent Globalia, an agreement which was subsequently amended a number of ...
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Airline BusinessHow far through the crisis are Europe’s biggest airlines?
For European airlines, momentum had been growing across the year, in line with the successful roll-out of vaccination programmes. European short-haul travel began opening up in the summer with the lifting of quarantine requirements for fully vaccinated travellers. That notably stepped up in the second half of the summer and into an extended shoulder season for leisure travel.
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NewsIAG competition remedies for Air Europa acquisition were inadequate: Commission
Proposed remedies from IAG to address competition concerns over its acquisition of Spanish carrier Air Europa did not satisfy the European Commission, the regulator has disclosed. IAG and Air Europa have agreed to end the acquisition proposal in its current form, with a view to looking at an alternative structure. ...
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NewsEmerald to launch Aer Lingus franchise flights from March
Irish start-up Emerald Airlines has reached agreement to begin flights under the Aer Lingus Regional brand from March next year, bringing forward a franchise agreement originally set to start in 2023.