Qatar Airways Group Q.C.S.C. (“Qatar Airways”) is pleased to announce that it has increased its shareholding in International Consolidated Airlines Group, S.A. (“IAG”) from 21.4 per cent to 25.1 per cent. Qatar Airways Group Chief Executive Mr. Akbar Al Baker stated, “Our investment to...

Qatar Airways Group Q.C.S.C. has announced that it has increased its shareholding in International Consolidated Airlines Group, S.A. (“IAG”) from 21.4 per cent to 25.1 per cent. Qatar Airways Group Chief Executive Mr. Akbar Al Baker stated, “Our investment to date has been highly successfu...

Earlier today, IAG announced that it is stepping up its climate action with a package of measures to reduce its airlines’ carbon footprint and committing to Net Zero CO2 emissions by 2050. Reacting to the announcement1, Europe’s airports applauded the move and offered their support to help the ...

British Airways (BA) is facing a record fine of £183 million for last year's data breach of its security systems and is set to lodge an appeal against the decision. The carrier is owned by International Consolidated Airlines Group (IAG) and said it was "surprised and disappointed" by the penalt...

International Consolidated Airlines Group (IAG) has reported that in the first quarter (Q1) of 2019 profit after tax before exceptional items was €70 million down 62.6 per cent on the €187 million in Q1 2018. IAG also said operating profit was €135 million before exceptional items – down...

International Consolidated Airlines Group (IAG) has reported improved profits for 2018 and awarded a special dividend to shareholders totalling €700 million. For the period until 31 December 2018, IAG said pre-tax profits surged 40 per cent to €3.5 billion on total revenues of €24.4 billion...