All International Airlines Group ( IAG ) articles – Page 2
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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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Analysis
Covid and Ukraine weigh on sentiment but signs of normality at A4E summit
Many of Europe’s airline chief executives gathered in Brussels last week for the annual A4E Aviation Summit. A4E – or Airlines for Europe – which represents carriers and groups including Air France-KLM, EasyJet, IAG, Lufthansa and Ryanair, took the opportunity to highlight its calls for action on topics including Single ...
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News
IAG to secure exclusivity on Air Europa acquisition through loan to Globalia
IAG has agreed to loan Air Europa parent Globalia €100 million ($111 million) over seven years in a deal that gives the pan-European group exclusivity on rights to purchase the Spanish airline.
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News
Air Europa talking to ‘other European carriers’ about tie-up: IAG chief
Spanish carrier Air Europa is talking to other European carriers about a potential tie-up, according to the chief executive of suitor IAG.
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News
IAG 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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News
UK regulator drops IAG-Air Europa probe after tie-up termination
UK competition regulators have dropped their probe into the IAG-Air Europa merger, after the two sides terminated the tie-up in the form originally envisioned. IAG had proposed to acquire the whole of Spanish carrier Air Europa’s share capital from parent Globalia, an agreement which was subsequently amended a number of ...
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In depth
How 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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News
IAG 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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News
Emerald to launch Aer Lingus franchise flights from March
Irish start-up Emerald Airlines has reached agreement to begin flights under the Aer Lingus Regional brand from March next year, bringing forward a franchise agreement originally set to start in 2023.
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News
IAG terminates Air Europa deal but agrees January deadline to study new structure
IAG and Globalia have formally terminated their agreement under which Iberia was to acquire fellow Spanish operator Air Europa, but the two sides have settled on an end-January deadline to study alternative structures to revive the deal.
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News
IAG purchase of Air Europa still alive but only under new deal structure
IAG is exploring options to continue with its purchase of Air Europa under a freshly agreed deal structure, according to the pan-European airline group’s chief executive Luis Gallego.
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News
IAG 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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Analysis
UK airlines desperate for government to adopt EU-style travel policies
This week’s Airlines 2021 event in London was a timely gathering of key players in the UK aviation sector, as they called for the country’s government to remove barriers to air travel that put it out of step with mainland Europe.
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News
COP26 ‘by far’ the most constructive meeting to date: IAG sustainability chief
The recent COP26 climate change conference saw a positive step-change in the approach to tackling airline sustainability challenges, in the view of IAG’s group head of sustainability Jonathon Counsell.
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News
Airline sustainability challenge ‘does not preclude third Heathrow runway’
The pressure on airlines to address their environmental footprints does not mean a third runway at Heathrow airport should be ruled out, according to UK industry representatives.
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News
British 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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News
UK competition regulator opens inquiry into IAG-Air Europa merger
UK competition regulators have opened a two-month initial inquiry into British Airways parent IAG’s proposed acquisition of Spanish carrier Air Europa. The Competition and Markets Authority is inviting comments on whether the acquisition is likely to result in a “substantial lessening” of competition within any of the UK markets. It ...
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News
IAG and Southwest to snap up sustainable fuel output from new Mississippi plant
IAG carriers and US budget operator Southwest Airlines have agreed to purchase the entire production of sustainable fuel, over the course of several years, from a planned US biorefinery project in Mississippi. Sustainable fuels technology specialist Velocys Renewables says it has entered a memorandum of understanding – which it aims ...
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Analysis
British Airways sees US market reopening driving business lift
Continued losses at British Airways and Lufthansa’s network carrier segment reported in the last 48 hours underline why those airlines are pinning so much hope on the reopening of the USA to international travel from Europe on 8 November.
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News
Spanish 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.
