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AeroTime Team
Qantas joins IAG, vows for zero emissions by 2050

Aviation industry, currently responsible for approximately 2% of global CO2 emissions, is striving to correct itself and cut the number in half in the next three decades. Now, following a similar pledge by International Airlines Group (IAG), Qantas is stepping forward and vows to reach zero emissions by 2050.  However, some measures, like electric aircraft engines, as still “some time” away....


Rytis Beresnevicius
IAG set to acquire Air Europa for $1.1 billion

International Airlines Group has announced that it is acquiring Air Europa, one of the biggest private airlines in Spain. The acquisition, pending governmental approval, will help IAG once again dominate the South Atlantic market, according to the group. The deal has already attracted attention from competing airlines....


Rytis Beresnevicius
IAG assesses British Airways strike impact in new FY2019 guidance

Amidst severe service disruptions and slowing growth, IAG has published an updated financial guidance for 2019:...


Clement Charpentreau
Aigle Azur, four offers left, no more Air France

Air France and the Dubreuil group did not submit any new takeover offer for Aigle Azur after the first one was rejected by the Commercial Court of Evry. Only four bids were filed....


Clement Charpentreau
Aigle Azur files for bankruptcy, Air France, IAG expected to bid

After an eventful week, Aigle Azur filed for bankruptcy on September 2, 2019. The company is now waiting for potential buyouts, with the deadline for bids set to next week. Air France and IAG may compete to take over the second biggest French airline to obtain its precious slots....


Zivile Zalagenaite
More customers express frustration over Airbus A320neo delays

Just as Airbus revealed having increased its production rates in the first half of 2019, particularly ramping-up production of the A320 Family aircraft, increasing delivery rates for the same time period have set the manufacturer on course to beat those of rival Boeing by the end of 2019. However, the task to keep up with production targets and delivery rates poses a challenge, as some customers share their frustration over delays....


Ruta Burbaite
British Airways loses 2nd legal challenge to block pilot’s strike

British Airways (BA) legal attempts to halt its pilots’ industrial action have now been defeated twice in court. The UK’s flagship carrier recently lost appeal against the British Airline Pilots’ Association (BALPA), whose members have voted strongly in favor of an industrial action. The airline had taken the union to court in an attempt to block pilots’ planned strike threatening the busy summer period....


Clement Charpentreau
Ryanair rebrands its Boeing 737 MAX

In the wake of the MAX crisis, it appears that Ryanair switched the name of its aircraft to Boeing 737 8200....


Paris Air Show
BREAKING | IAG signs deal for 200 Boeing 737 MAX

International Airlines Group (IAG), the parent company of British Airways and Iberia, announces its intention to acquire 200 Boeing 737 MAX jets. The deal, made public during Paris Air Show, is valued at more than $24 billion at list prices. It is the first sizable order for a commercial airplane received by Boeing since the MAX grounding....


AeroTime Team
IAG remains profitable despite difficult market environment

International Airlines Group (IAG) announced on May 10, 2019, that its profit after tax before exceptional items fell down to €70 million during the first quarter of 2019, a 62.6% decrease....