Tag: International Airlines Group (IAG)

Aer Lingus to provide ground handling for IAG carriers at Dublin Airport

Aer Lingus to provide ground handling for IAG carriers at Dublin Airport

Irish flag carrier Aer Lingus has been awarded a contract to provide ground handling services for IAG carriers at Dublin Airport. Under the agreement, IAG-owned carriers British Airways, Iberia Express and Vueling will have their aircraft served by Aer Lingus at DUB starting June this year. Th...

IAG announces senior management changes with new CEOs for Iberia and Vueling

International Airlines Group (IAG) today announced changes to its senior management team effective from the beginning of April 2024. Marco Sansavini has been appointed CEO  and Chairman of Iberia, moving from his current role as CEO of Vueling. Fernando Candela, who was appointed as interim C...

IAG and Air France-KLM Shares Decline Amidst Rising Oil Prices

Shares of International Airlines Group (IAG), the parent company of British Airways, and Air France-KLM witnessed a significant drop on Friday, falling by 3% and 6% respectively. Investors have attributed these declines to concerns about the airlines' weak outlooks, primarily driven by escalating oi...

IAG Agreement for the full acquisition of Air Europa

IAG Agreement for the full acquisition of Air Europa

International Airlines Group has announced it has agreed with Globalia to acquire the remaining 80 per cent of issued share capital of Air Europa (the ‘Acquisition’). The consideration is €400 million, including €200 million upon closing, comprising €100 million in IAG ordinary shares1 ...

International Airlines Group (IAG) Shareholders Approve Boeing 737 Order

International Airlines Group (IAG) has announced that its shareholders approved an agreement with Boeing to order a total of 50 737-8-200s and 737-10s, plus 100 options. Boeing and IAG announced the agreement that was subject to shareholder approval in May 2022. The firm order for 50 737s will be...

Aemetis to supply Aer Lingus and British Airways with SAF for flights from San Francisco International Airport

Renewable fuels company Aemetis, Inc. announced today that it has agreed to a multi-year agreement with International Airlines Group (IAG) to supply sustainable aviation fuel (SAF) to help power both British Airways and Irish flag carrier Aer Lingus’ flights from San Francisco Airport from 2025. ...

IAG orders 37 A320neo family aircraft

IAG orders 37 A320neo family aircraft

International Airlines Group (IAG) is converting 12 of the A320neo family options announced in August 2013 into firm orders for A320neos and A321neos. The Group is also ordering a further 25 A320neo family aircraft with the option to purchase 50 additional aircraft. The exact mix of A320neos a...

Menzies Aviation secures renewal with Aer Lingus at Heathrow Airport

Menzies Aviation, the global aviation logistics specialist, today announces its long-standing partnership with Irish flag carrier Aer Lingus has been extended with the renewal of its ground operations contract at Heathrow Airport. Menzies’ extended contract with Aer Lingus includes the provisio...

IAG and Globalia agree to terminate Air Europa acquisition agreement

IAG and Globalia agree to terminate Air Europa acquisition agreement

International Airlines Group (“IAG”) and Globalia today announce that they have terminated the agreement signed on 4 November 2019 and amended on 20 January 2021, under which IAG’s subsidiary, Iberia, had agreed to acquire the entire issued share capital of Air Europa (the “Acquisition”). ...

British Airways reaches NDC distribution agreement with Travelport

Travelport, a global technology company that powers travel bookings for hundreds of airlines and thousands of hotels worldwide, and International Airlines Group (IAG) today announced a distribution agreement to enable modern travel retailing – by bringing New Distribution Capability (NDC) content ...

Amendment Agreement for the Acquisition of Air Europa

Amendment Agreement for the Acquisition of Air Europa

International Airlines Group ("IAG") and Globalia has announce that they have amended the original agreement announced on 4 November 2019 (the “Original Agreement”) under which IAG's subsidiary, Iberia, has agreed to acquire the entire issued share capital of Air Europa (the “Amendment Agreeme...

IAG Announce New Chief Executive Appointment

IAG Announce New Chief Executive Appointment

International Airlines Group (IAG) announces that Luis Gallego will succeed Willie Walsh as Group chief executive on 24 September. Antonio Vazquez, IAG's chairman, said: "We announced in March that Willie would delay his retirement for a short period. We can confirm today that Luis Gallego will ...

IAG preliminary first quarter results and update

IAG preliminary first quarter results and update

International Airlines Group (IAG) announces its preliminary results for the first quarter of 2020 and continues to assess further cost reduction and cash flow initiatives across the entire Group. British Airways is to consult over redundancy and restructuring proposals with its trade unions. Fi...

IAG cancels its 2019 proposed final dividen

IAG cancels its 2019 proposed final dividen

As a result of the impact of the situation created by COVID-19, the Board of Directors of International Consolidated Airlines Group, S.A. (IAG) has resolved to withdraw the proposal to the next Annual Shareholders’ Meeting to pay a final dividend of 0.17 euros per share and, instead, to propose t...

British Airways extends Revolving Credit Facility

British Airways extends Revolving Credit Facility

International Airlines Group (IAG) announces that British Airways has extended its US dollar secured Revolving Credit Facility for one year from 23 June 2020 to 23 June 2021. The amount available under the extended facility is $1.38 billion. Including the extended facility and some smaller addition...

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