Tag: IAG

IAG Acquires Another European Airline: Air Europa

Reading Time: < 1 minute International Airlines Group (IAG), the parent company of British Airways and Spain’s Iberia, has announced that it will supplement its group of carriers with already the third Spanish airline – Air Europa – in  a deal worth $1.12 billion. Air Europa is a private Spanish airline offering scheduled domestic and international flights to 69 destinations, […]

British Airways Welcomes Its First Airbus A350-1000

Reading Time: < 1 minute British Airways, the flag carrier airline of the United Kingdom, has finally welcomed its first out of 18 Airbus A350-1000 aircraft. The plane which arrived at the airline’s hub at London Heathrow, makes British Airways the first within the International Airlines Group (IAG) to operate this type. Prior to deploying the widebody aircraft for long-haul […]

200 Boeing 737 MAX Aircraft on Order: First After Grounding

Reading Time: < 1 minute The second day of Paris Air Show 2019 has brought Boeing some exciting news. International Airlines Group (IAG) has expressed its intention to purchase 200 Boeing 737 MAX planes. The deal is valued at more than $24 billion, per list prices. IAG, the parent company of Aer Lingus, British Airways, Iberia, Vueling and LEVEL, and the […]

British Airways to Expand Fleet with New Boeing 777X Aircraft

Reading Time: < 1 minute International Airlines Group (IAG) has placed an order for brand new Boeing 777X aircraft, to be more precise, for 18 Boeing 777-9 aircraft, plus 24 options, for British Airways. According to the statement, new aircraft will replace 14 Boeing 747-400 and four Boeing 777-200 planes in a period of 2022-2025. “The new B777-9 is the […]

British Airways Owner Stops Selling Shares to Non-EU Investors

Reading Time: < 1 minute IAG, the owner of British Airways, announced that it stops selling its shares to non-EU investors. Under the EU rules, at least 50% of an airline’s stock must be EU-owned. Currently, the amount of shares owned by non-EU investors in the IAG reaches 47.5 per cent. IAG Group includes 5 airlines: Aer Lingus, British Airways, Iberia, […]

Airlines Submit a Complaint to the EC Over Rise in ATC Strikes

Reading Time: 2 minutes In a bold move, International Airlines Group (IAG), easyJet, Ryanair and Wizz Air have all submitted complaints to the European Commission (EC) in relation to France and the current disruption being caused to flights by the country’s striking air traffic controllers (ATCs). Already this year French ATC strikes have risen 300% compared to the whole […]

Austrian Low-Cost Market Heats Up as IAG Enters the Frame

Reading Time: < 1 minute IAG is to become the fourth low-cost carrier to operate out of Vienna with an Air Operator Certificate issued by the Austrian Civil Aviation Authority. The Group, which owns British Airways, Vueling and Iberia, among others, has announced the creation of a new low-cost carrier, LEVEL, which will service short-haul routes from the Austrian capital. […]

Airlines Fly Lower After Barcelona Attack

Reading Time: 2 minutes Airline stocks took a nosedive on Friday morning as the horrific van attack in Barcelona the previous evening was felt likely to hit tourism to the region. British Airways and Iberia owner IAG and EasyJet both shed 3% in early trading, while Ryanair was 5% lower on the open, before all three pared losses as […]

EU Warns Airlines About Post-Brexit Access

Reading Time: < 1 minute Senior EU officials fear that the airline industry is “in denial” about the potential implications of Brexit, reports The Guardian today. Of chief concern is certain airlines’ continued ability to operate flights between member states once Britain leaves the EU. To do so, carriers must have a “significant” base within the EU and be majority-owned […]

Ryanair On Collision Course with German Carrier Lufthansa

Reading Time: 2 minutes Ryanair has confirmed plans to move into Lufthansa’s home hub of Frankfurt, stepping up its push into bigger airports and ratcheting up pressure on the German carrier which is expanding its own budget flights. Lufthansa said earlier yesterday it would offer fewer seats than planned this quarter as it seeks to offset pressure on ticket […]