International Airlines Group

  • Annual dividend scrapped by International Airlines Group

    Published on : Thursday, April 2, 2020

    International Airlines Group announced the scrapping of a planned dividend for shareholders in the wake of the coronavirus pandemic. Previously a final dividend of 0.17 euros per share was proposed and Stephen Gunning, chief financial officer for the company mentioned …

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  • IAG’s actions to address COVID-19’s financial impact

    Published on : Wednesday, March 18, 2020

    The rapid spread of COVID-19, and associated government travel restrictions and advisories are having a significant and increasingly negative impact on the demand for global air traffic on almost all routes operated by IAG’s airlines.   To date IAG has …

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  • Boeing Signs Deal for Up to 42 777X Airplanes with International Airlines Group

    Published on : Thursday, February 28, 2019

    Boeing and International Airlines Group, the parent company of British Airways, announced the airline has committed to purchasing up to 42 777X airplanes, including 18 orders and 24 options. The airline joins a group of leading carriers that have selected …

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  • International Airlines Group launches new Vienna-based subsidiary budget airline

    Published on : Friday, June 29, 2018

    The parent company of British Airways, International Airlines Group (IAG) has shocked the global aviation market by launching a new Vienna-based subsidiary airline with less than three weeks’ notice before flights begin.     International Airlines Group’s new operation is …

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  • Norwegian focussed on adding more flights

    Published on : Monday, June 18, 2018

    Norwegian has rejected takeover bids from the British Airways’ owner International Airlines Group (IAG) and might sell out some of the 200 aircraft it has currently on order.     The low-cost carrier will be focusing on the addition of …

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  • British Airways may bid for Norwegian Air to expand in low-cost aviation market

    Published on : Saturday, April 14, 2018

    British Airways, the flag carrier and the largest airline in the United Kingdom may bid for Norwegian Air Shuttle, which Europe’s fast expanding budget airline. Norwegian Air Shuttle is best known in the aviation market for its low-cost and long-haul …

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  • IAG buys Monarch’s Gatwick Landing slots

    Published on : Wednesday, November 29, 2017

    Gatwick’s administrator KPMG have confirmed that the British Airways International Airlines Group (IAG) will be acquiring the Monarch Airline’s take-off and landing slot at Gatwick.     The deal is expected to be an excellent recovery for the creditors.   …

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  • Avis Budget Group announced expansion of global partnership

    Published on : Monday, October 23, 2017

    The global partnership between Avis Budget Group and International Airlines Group has been renewed.  The expansion of Aer Lingus will follow a later date.   The multi-year deal will see Avis Car Rental and Budget Car Rental as the only …

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  • IAG Seeks Disruptive Start-Ups For Its Second Hangar 51 Programme

    Published on : Thursday, July 6, 2017

    After the huge success of the first Hangar 51 global start-up accelerator, International Airlines Group (IAG) is launching a second programme which will be based in Spain.   Working with Cink Emprende, a consulting company specialising in entrepreneurship already consolidated …

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  • BA cabin staff prepare a four-day walkout over pay dispute

    Published on : Tuesday, June 6, 2017

    British Airways (BA) cabin staff are planning and preparing for strike action owing to a dispute over payroll.     A spokeswoman said that the Unite trade union has notified BA that cabin crew members working for the carrier’s mixed …

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  • Is Brexit shattering the UK airline industry?

    Published on : Friday, March 24, 2017

    With earnest meetings taking place between EU officials and airlines in recent weeks, the major UK based airlines are roaring to be at the front of the queue when negotiations are concerned. There has been mounting concern from the airline …

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