IAG

Aer Lingus to start ticket sale for transatlantic flights

Aer Lingus is eager to begin transatlantic flights sale from its Manchester base to three destinations in the United States....


IAG plans to buy Air Europa for €500 million

British Airways parent company IAG reportedly reached an agreement to buy Air Europa.  ...


IATA nominates former CEO of IAG to take leading role

 IATA nominated Willie Walsh, the former CEO of International Airlines Group, as the new Head of the authority....


IAG Cargo joins IATA Net Rates platform, looks for benefits

IAG Cargo, the cargo handling division of International Airlines Group, entered a collaboration with IATA Net Rates, the rates distribution platform of the International Air Transport Association (IATA)....


IAG reports €1.3 billion loss, continues to cut capacity

International Consolidated Airlines Group (IAG), a holding company of British Airways (BA), reported preliminary financial results for the third quarter of 2020. The company counted that due to the COVID-19 related travel restrictions it would suffer a €1.3 billion loss in the third quarter of 2020. IAG announced it was forced to complete further cuts of British Airways capacity....


Investors take up British Airways parent shares for €2.75 billion

British Airways parent company International Airlines Group (IAG) has raised €2.75 billion after placing new shares to prop up the group’s balance sheet....


British Airways parent strives to raise €2.75 billion

British Airways owner International Airlines Group (IAG) has placed new shares to prop up the group’s shrinking balance sheet. The company  expects to raise €2.75 billion through a heavily discounted capital increase....


Tracking the downfall of European airlines

Many have called COVID-19 pandemic the worst crisis in the history of air travel, with passenger numbers falling to almost zero following March 2020. European airlines experienced some of the strictest lockdowns in the world, as their revenues dropped, prompting bailouts and pleas to open borders. But who was hit the most?...


British Airways job cuts: 6,000 leave; 6,000 more to be axed

British Airways (BA) reported that by August 7, 2020, more than 6,000 employees took voluntary redundancy which indicates that the company reached a halfway mark through its planned furloughs....


BA retires historical all-business BA1 trans-Atlantic flight

British Airways (BA) confirmed to AeroTime that it will terminate the historical all-business class flight BA1/BA2 between New York John F. Kennedy International Airport (JFK) and London City Airport (LCY) with the Airbus A318 as the parent company of BA, International Airlines Group (IAG), announced it was retiring the A318 fleet....