Tag: International Airlines Group

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, […]

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 […]

LEVEL Adds Two A330-200s to Its Fleet

Reading Time: < 1 minute International Airlines Group’s  low cost long-haul airline brand, LEVEL, is expanding its fleet with two additional A330-200s, for delivery in 2019, taking its total order for the type to seven. This latest firm order comes less than 12 months after IAG purchased the last batch of three A330-200s. They are configured with 314 seats, 21 […]

British Airways Finalises New Pension Scheme

Reading Time: < 1 minute International Airlines Group’s subsidiary British Airways has closed its New Airways Pension Scheme (NAPS) to future accrual and its British Airways Retirement Plan (BARP) to future contributions from March 31, 2018. The schemes have been replaced by a flexible benefits scheme, incorporating a new defined contribution pension scheme, called the British Airways Pension Plan (BAPP). […]

British Airways Owner Calls for Break-up of Heathrow Monopoly

Reading Time: 2 minutes Heathrow’s monopoly should be broken-up with the ability for terminals to be run by third parties, creating competition and lower costs for customers, says International Airlines Group (IAG). In a submission to the Civil Aviation Authority (CAA), IAG says that Heathrow’s expansion provides a great opportunity for independent companies to design, build and run commercial […]

Icelandair Joins Airlines for Europe

Reading Time: < 1 minute Membership numbers at Airlines for Europe are growing further with Icelandair joining Europe’s largest airline association. The airline operates out of Iceland, and uses the country’s geographical location mid-way between America and Europe, to offer a network of international routes with Iceland as a hub. “We are looking forward to jointly work with A4E on […]

AirBaltic Joins Airlines for Europe

Reading Time: 2 minutes Latvian carrier airBaltic has joined Airlines for Europe (A4E), adding to the lobbying group’s growing number of carriers. A4E has been steadily gaining members since its creation in January 2016 and has been campaigning on a variety of issues affecting the airline industry, notably air traffic control (ATC) strikes, removing what it regards as unreasonable […]

IAG’s CEO Will Fight for Current Heathrow Third Runway Plan

Reading Time: 2 minutes The current proposal to build a third runway at London Heathrow Airport is “indefensible” from a cost point of view and the head of British Airways’ parent company will fight it. International Airlines Group (IAG) CEO Willie Walsh (above), speaking as a panelist May 11 at the Phoenix Sky Harbor International Aviation Symposium, said he […]

A Mixed Bag For Europe’s Airlines in Q1

Reading Time: 2 minutes Some of Europe’s largest airline groups have unveiled their Q1 financial results in the past week, serving up a varied set of earnings but nevertheless giving credence to IATA’s prediction that 2016 will see a jump in the continent’s profitability.   For some, reduced fuel prices and higher customer demand are still aiding improved performance […]