All Iberia articles – Page 2
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NewsIAG sees full-year operating profit of €1.1bn after confirming strong third quarter
European airline group IAG expects to post an operating profit of €1.1 billion ($1.1 billion) before exceptionals for the full-year after confirming a strong third quarter in which all of its carriers were back in the black.
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NewsIAG confirms order for 37 more A320neos after shareholder approval
British Airways and Iberia parent IAG has confirmed an order for 37 A320neo aircraft, after its shareholders approved the purchase on 26 October. The order was announced in late July and followed agreements earlier in the year for 22 A320neo-family jets, meaning IAG has now made firm commitments for 59 ...
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NewsIAG reports ‘better than expected’ third-quarter trading
British Airways and Iberia owner IAG says trading during the third quarter was better than expected, driven by revenue strength on the passenger side of the business.
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NewsIAG takes 20% stake in Air Europa
British Airways and Iberia owner IAG has converted a loan to the parent company of Air Europa into a 20% stake in the airline.
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NewsSpanish carriers strongest as IAG returns to second-quarter profits
British Airways and Iberia parent IAG is expecting an operating profit for the full year, pre-exceptions, and for the third-quarter figure to improve significantly on that in the second. IAG has turned in an operating profit of €293 million ($299 million) for the three months to 30 June, although the ...
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NewsIAG orders 37 more Airbus A320neo-family jets
British Airways and Iberia owner IAG has ordered a further 37 Airbus A320neo-family twinjets, as its single-aisle modernisation effort continues. Announcing the deal on 28 July, IAG says 12 of the A320neo options it took in August 2013 – which covered up to 220 single-aisle jets – have been converted ...
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NewsIAG to order up to 150 737s including Max 10 and high-density Max 8
British Airways and Iberia parent company IAG has agreed to order up to 150 Boeing 737 Max jets. The order will comprise 25 737 Max 10 variants, plus 25 of the high-density 737 Max 8-200. IAG is also taking 100 options, it states. The twinjets – powered by CFM International ...
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NewsIAG’s Vueling trims A321neo orders as Iberia takes more
Spanish budget carrier Vueling has trimmed another pair of Airbus A321neos from its single-aisle backlog. Vueling originally had 14 of the largest A320neo-family variant on order but has yet to take delivery of any. Over the past two months, Airbus’s backlog figures indicate, the airline has been removing A321neos orders ...
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NewsIAG hopeful of clearance to take 20% of Air Europa in next six months
IAG chief executive Luis Gallego is hopeful the group will be cleared to take a 20% stake in Air Europa within the next six months as it continues efforts to finalise its on-off deal for the Spanish carrier.
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NewsIAG keen to add widebody aircraft in 2022 amid transatlantic and Latin America recoveries
British Airways and Iberia owner IAG is planning to add 15 widebody aircraft to its fleet in 2022 following a lull in deliveries last year, as it seeks to meet recovering long-haul travel demand.
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NewsIAG reports ‘strong recovery’ as it forecasts full-year capacity at 85% of 2019
British Airways and Iberia owner IAG expects to operate 85% of 2019 capacity this year, as it reports improving financial performances across its airlines.
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NewsIberia reaches sustainable-fuel supply pact with Spanish firm Cepsa
Iberia has reached an agreement with fuel-supply specialist Cepsa over large-scale sustainable biofuel production, which will be sourced from waste, recycled oils, and sustainable plant feedstock. The agreement also covers efforts to decarbonise the air transport industry with the development of alternative fuels, including renewable hydrogen and electrical power – ...
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In depthHow far through the crisis are Europe’s biggest airlines?
For European airlines, momentum had been growing across the year, in line with the successful roll-out of vaccination programmes. European short-haul travel began opening up in the summer with the lifting of quarantine requirements for fully vaccinated travellers. That notably stepped up in the second half of the summer and into an extended shoulder season for leisure travel.
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NewsIAG competition remedies for Air Europa acquisition were inadequate: Commission
Proposed remedies from IAG to address competition concerns over its acquisition of Spanish carrier Air Europa did not satisfy the European Commission, the regulator has disclosed. IAG and Air Europa have agreed to end the acquisition proposal in its current form, with a view to looking at an alternative structure. ...
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NewsIAG in talks to scrap Air Europa takeover
British Airways and Iberia parent IAG is intending to scrap its planned acquisition to take over Spanish operator Air Europa. IAG states that discussions to “terminate the agreement” to acquire Air Europa are “at an advanced stage”. Under the proposal Iberia would have taken over the entire share capital of ...
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NewsBritish Airways owner would reconsider Heathrow hub if charges rise significantly
Heathrow airport’s plans to increase its charges could prompt British Airways owner IAG to reconsider its use of Heathrow as a hub.
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NewsDelivery imminent for Spanish air force’s first A330, as Madrid signs for MRTT conversions
Spain has formally ordered the conversion of three former Iberia Airbus A330-200 passenger jets into multi-role tanker transport (MRTT) aircraft.
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NewsSpanish carriers offer bright spot as IAG sees ‘inflection point’ in third quarter
IAG posted an operating loss of €452 million ($523 million) for the third quarter though its Spanish carriers Iberia and Vueling did both move out of the red.
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NewsIberia conducts domestic flight with waste-based biofuel
Spanish carrier Iberia has carried out a domestic service using sustainable fuel produced from waste as a raw material. The IAG airline operated the Madrid-Bilbao flight, IB426, using an Airbus A320neo powered by CFM International Leap-1A engines. Its operation followed a collaboration agreement signed between Iberia and the energy company ...
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NewsEuropean airline shares rise as US signals full restart of transatlantic travel
The big European network airlines saw their share prices increase sharply on 20 September amid reports that the US government might soon announce a relaxation of its border controls for European visitors.