All International Airlines Group ( IAG ) articles – Page 2
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News
IAG invests in UK waste-to-fuel bioethanol production facility
British Airways and Iberia parent IAG is investing in a UK-based firm developing processes to produce bioethanol for sustainable biofuel, sourced from non-food agricultural waste and wood residue. The firm, Nova Pangaea Technologies, is developing a UK waste-to-fuel production facility called NovaOne, but has ambitions to expand to the other ...
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News
IAG firms more options on Airbus single-aisle jets
British Airways and Iberia parent IAG is converting options on another 10 Airbus A320neos into firm orders. The company states that the aircraft will be delivered in 2028. IAG says they will replace older A320-family jets, adding that it has the option to take some of the additional aircraft as ...
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Analysis
Airline Business performance tracker: Europe Q1 2023
Key data from the most-recent European earnings period – the January-March 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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Podcast
Airline Business Podcast: Q1 earnings, Ryanair order, Go First woes, Joyce's Qantas legacy
Graham and Lewis discuss how European and North American carriers performed during the recent earnings season, which saw a degree of ‘normalisation’ and plenty of positivity about the summer
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Newsletter
How strong is the corporate air travel recovery?
As airline quarterly earnings ‘normalise’ in the Covid-19 recovery, many large European and US carriers are beginning to quantify how strongly – or not – corporate travel is coming back.
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News
Iberia names temporary chief executive
Spanish airline Iberia has named Fernando Candela Perez as its new chairman and chief executive, effective from July through to the end of 2023, following Javier Sanchez-Prieto’s decision to step away from the business.
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Podcast
Airline Business Podcast: Consolidation challenges, Riyadh Air, C-suite diversity
Graham and Lewis talk through the growing list of consolidation moves within the global industry, discussing why deals take such a long time to get over the line.
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Analysis
Airline Business performance tracker: Europe Q4 2022
Key data from the most-recent European earnings period – the fourth quarter of 2022 – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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News
IAG chief expects Spanish acquisition, with greater market ‘certainty’ supporting Air Europa deal
IAG group chief executive Luis Gallego sees “more certainty” in the market as providing greater hope that it can complete a deal for Air Europa after a previous acquisition attempt collapsed in late 2021.
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News
Spanish carriers lead IAG profit return in 2022
All four of IAG’s major airlines returned to the black in 2022, a year in which its Spanish carriers Iberia and Vueling came closest to matching pre-pandemic operating profitability.
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Analysis
Airline share prices weaker at end-2022 versus end-2021 despite demand recovery
Airline share prices ended 2022 down on the same point 12 months earlier, following a challenging year for wider economies around the world
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In depth
Airline Business performance tracker: Europe Q3 2022
Key data from the most-recent European earnings period – the third quarter of 2022 – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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In depth
Has air cargo embraced digitalisation during its moment in the sun?
Having long lagged the passenger industry when it comes to digitalisation, the cargo sector might have seen its best opportunity to change that, thanks to its elevated post-pandemic status
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Analysis
Vueling heads IAG carrier capacity and profits return
Spanish low-cost carrier Vueling is leading the pace in restoring capacity and profit returns among IAG carriers as the group sees all but British Airways and Level operating at or above 2019 ASKs in the first quarter of next year.
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News
IAG 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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News
IAG 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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News
IAG 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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News
Spanish 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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News
IAG 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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News
IAG single-aisle modernisation continues as more A320neo options firmed up
British Airways and Iberia parent IAG is converting options for another 14 Airbus A320neo-family twinjets into firm orders. The options were originally disclosed as part of an agreement for up to 220 Airbus single-aisle jets in 2013. IAG says the latest firming of options covers three A321neos and 11 A320neos. ...