All International Airlines Group ( IAG ) articles – Page 8
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News
Alliances 'poor substitute' for true mergers: IAG's Walsh
IAG chief Willie Walsh believes airline alliances are still relevant, owing to restrictions in the air transport industry, but that true corporate mergers are a much more preferable course.
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IAG needs to rationalise its multiple airline brands: Walsh
IAG has indicated that it is looking at rationalisation of its multiple airline brands, although it intends to maintain the name of its latest acquisition prospect, Air Europa, at least initially.
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IAG's Walsh vows to retire within two years
IAG chief executive Willie Walsh plans to retire within the next two years from his post at the helm of the British Airways and Iberia parent company.
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IAG's Walsh highlights environmental dilemma over tankering
IAG chief Willie Walsh has highlighted the conflict between operational, economic and environmental considerations arising from the policy of tankering fuel.
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IAG pulls back capacity growth forecast
IAG is cutting its medium-term capacity growth targets, slashing the figure to 3.4% per year for 2020-22 from its previous level of 6% for 2019-23.
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Airline BusinessClimate tightens in third quarter for European airlines
Third quarter results and commentary from Europe’s major airline groups illustrate the tighter markets in which they are operating in as softer yields and the sharp decline in air cargo demand curb profits for airlines in the region.
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Airline BusinessThe logic of IAG's swoop for Air Europa
IAG’s move to acquire Spanish leisure operator Air Europa for €1 billion ($1.1 billion) is billed as an attempt to bolster Madrid’s status as a major European hub.
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News
IAG acquires Air Europa in bid to transform Madrid
Iberia and Vueling parent IAG has agreed to acquire another Spanish operator, Air Europa, for a cash transaction of €1 billion ($1.1 billion).
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BA strike brings down IAG third-quarter profits
British Airways parent IAG is blaming the UK carrier's pilot strike in September for a fall in third-quarter operating profit.
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British Airways outlines steps to zero-carbon future
British Airways has outlined an ambitious strategy to minimise its carbon emissions, amid a flurry of industry concern that climate change will encourage passengers to reduce the amount they fly.
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BA counts cost of pilots' industrial action
British Airways parent IAG has put the cost of the UK flag carrier’s pilot strike, and other threatened industrial action at London Heathrow, at €170 million ($186 million).
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Airline BusinessLATAM JV decision raises questions about role of courts
Competition issues about joint ventures and antitrust immunity for airlines typically are handled by transportation or competition regulators. Courts rarely intervene. But Chile’s Supreme Court recently set an example for courts not only to play a role, but to have the final say on airline joint ventures.
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737 Max would not upset IAG fleet simplification: Cruz
British Airways chief Alex Cruz insists that introduction of the Boeing 737 Max would not contradict parent company IAG's efforts to simplify its short-haul fleet.
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BA sees no impact on bookings from Brexit uncertainty
British Airways has not detected any change in ticket bookings as a result of uncertainty around Brexit.
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IAG sounds warning on 'out of control' Heathrow expansion costs
IAG chief executive Willie Walsh believes that London Heathrow's has "understated" the costs of expanding the hub as planned, and that the project is "out of control".
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IAG contemplates earlier 737 Max introduction
European airline group IAG has been in talks with Boeing on a potential earlier start to deliveries of 737 Max jets, in 2022 rather than a year later as previously planned.
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IAG ups second-quarter profit despite surge in fuel costs
IAG boosted operating profit 6.7% to €960 million ($1.06 billion) in the second quarter ended 30 June, which the European airline group's chief executive hails as "a good performance" achieved "despite fuel-cost headwinds".
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NewsBA set to challenge huge fine over customer data theft
British Airways is facing a fine of more than £183 million over several data breaches last year during which customer information was stolen.
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IAG prices €1 billion bond
European airline group IAG has priced at €1 billion ($1.1 billion) two-tranche senior unsecured bonds that will partly repay debt.