IAG

British Airways owner IAG suffers biggest loss in its history

British Airways owner IAG plunged to the biggest revenue loss in its history....


IAG buys Air Europa for €500 million

British Airways and Iberia parent company IAG buys Air Europa for €500 million ‒ half of the initial price....


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?...