All International Airlines Group ( IAG ) articles – Page 3
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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. ...
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News
IAG single-aisle renewal ends uncertainty over 737 Max commitment
IAG’s decision to order a combination of Boeing 737 Max 10s and Max 8-200s puts an end to scepticism as to whether a tentative agreement for 200 aircraft, three years ago, would survive crises affecting the Max and the broader air transport industry, as well as changes of IAG management. ...
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News
IAG 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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News
British Airways trims capacity plan to tackle operational challenges
IAG expects to operate 80% of pre-crisis capacity across this year, less than the 85% it had originally targeted after British Airways scaled back its planned flights this summer in a bid to make its operations more resilient.
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News
IAG 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.