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Travel Daily
Browsing Tag

International Airlines Group (IAG)

IATA chief Alexandre de Juniac to step down

Megha Paul Nov 24, 2020
IATA announced that Alexandre de Juniac, director general and CEO will step down from his role at the association effective 31 March 2021 and will be replaced by Willie Walsh, former CEO of…

British Airways extends revolving credit facility

Megha Paul Apr 1, 2020
British Airways has extended its US dollar secured revolving credit facility for one year. The move, confirmed by International Airlines Group (IAG), will take effect from 23 June.…
Airlines and Aviation

World could be served by just “10-12 airlines”

Mark Elliott May 15, 2017
The world’s skies could be dominated by just 10-12 airlines in future, if ownership regulations are relaxed. In a panel discussion at the CAPA Airline Leader Summit in Dublin, Henrik…
Airlines and Aviation

Willie Walsh hails “game-changing” new aircraft

Mark Elliott May 14, 2017
The new Airbus A321neo aircraft will be a “game-changer” for the airline industry, IAG chief executive Willie Walsh has said. In a panel discussion at the CAPA Airline Leader Summit in…
Airlines and Aviation

IAG to launch long-haul low-cost carrier

Mark Elliott Mar 17, 2017
International Airlines Group (IAG), which operates BA and Iberia, has unveiled plans to launch a new long-haul low-cost carrier. Known as LEVEL, the new airline will take off in June…
Airlines and Aviation

Leadership changes at IATA

Mark Elliott Jun 6, 2016
The International Air Transport Association (IATA) recently announced leadership changes at the conclusion of the Association’s 72nd annual general meeting (AGM) in Dublin. As per the…
Airlines and Aviation

BA to offer fast Wi-Fi on long-haul flights

Mark Elliott May 6, 2016
British Airways will start rolling out high-speed in-flight Wi-Fi on its long-haul flights in the coming years. International Airlines Group (IAG), the parent company of BA, Iberia…
Airlines and Aviation

IAG expands fleet with orders for 31 Airbus jets

Mark Elliott Aug 11, 2015
International Airlines Group (IAG), which operates BA, Iberia and Vueling, has signed firm orders for 31 new Airbus aircraft. The agreement, which includes 11 long-haul aircraft…
Airlines and Aviation

BA parent company surges to US$1.5bn profit

Mark Elliott Feb 28, 2015
IAG, the parent company of British Airways and Iberia, has reported a sharp rise in profits for 2014. The group generated an operating profit of EUR1.39 billion (US$1.56bn) last year,…
Airlines and Aviation

Aer Lingus shows further support for IAG takeover

Mark Elliott Feb 13, 2015
Aer Lingus’ chairman has said there is ‘compelling strategic rationale’ behind International Airlines Group (IAG) taking over the Irish carrier. Colm Barrington’s comments came after…
Airlines and Aviation

Aer Lingus battles continue

Mark Elliott Feb 13, 2015
Both Ryanair and International Airlines Group (IAG) have made announcements regarding Aer Lingus in the last day as activity around its ownership continues. The Competition Appeal…
Airlines and Aviation

IAG willing to legally commit to Aer Lingus connections

Mark Elliott Feb 2, 2015
Willie Walsh has proposed legally-binding commitments to secure Aer Lingus’ Irish flight connections as his International Airlines Group (IAG) continues its bid to buy the carrier. The…
Airlines and Aviation

Qatar Airways buys stake in BA parent

Mark Elliott Jan 30, 2015
Qatar Airways has acquired a 9.99% stake in International Airlines Group (IAG), the parent company of British Airways, Iberia and Vueling. The move comes 15 months after the…
Airlines and Aviation

IAG edges closer to Aer Lingus takeover

Mark Elliott Jan 27, 2015
International Airlines Group (IAG) has edged closer to taking over Aer Lingus after the Irish carrier said it would recommend the latest financial terms to its board.   On Monday both…
Airlines and Aviation

Aer Lingus considers third IAG offer

Mark Elliott Jan 25, 2015
Updated Monday 26th January, 08.50 GMT Aer Lingus is considering a third, revised takeover bid by International Airlines Group (IAG). The carrier confirmed this morning it is…
Airlines and Aviation

Aer Lingus reaches 2014 target as IAG ‘prepares new bid’

Mark Elliott Jan 8, 2015
Aer Lingus has confirmed an increase in operating profit for 2014, as it continues to be a takeover target by International Airlines Group (IAG). Operating target for 2014 is ahead of…
Airlines and Aviation

October numbers up for IAG

Mark Elliott Nov 9, 2014
International Airlines Group (IAG) has seen a 10.3% increase in passenger numbers during October year-on-year. Numbers year to date had also seen an increase of 8.8% compared to last…
UK

Travel’s Green and Walsh selected for commerce council

Mark Elliott Oct 17, 2014
Thomas Cook Group’s Harriet Green and IAG’s Willie Walsh have been selected as members of the British Chambers of Commerce’s newly-created International Advisory Board. The two will…
Airlines and Aviation

September traffic boosts IAG

Mark Elliott Oct 6, 2014
International Airlines Group (IAG) has announced an increase in passenger numbers during September and year-to-date figures particularly in the premium market. The group, which owns…
Airlines and Aviation

IAG confirms Airbus order

Mark Elliott Sep 23, 2014
European airline operator IAG has confirmed an order for eight new Airbus A330-200 aircraft. The company, which operates British Airways and Iberia, previously had purchase options…
Airlines and Aviation

IAG moves into profit as Iberia improves

Mark Elliott Aug 1, 2014
International Airlines Group (IAG) has moved into a profit for the first half of the year following an improved performance from Spanish carrier Iberia. The group posted an operating…
Global

Farnborough Air Show 2014 – Day One Orders

Mark Elliott Jul 15, 2014
The Farnborough International Air Show is taking place in the UK this week, and Travel Daily will provide a daily round-up of all the major deals signed at the show. Here's a rundown of the…
Airlines and Aviation

IAG firms order for 20 A320neo

Mark Elliott Jul 14, 2014
International Airlines Group (IAG) has firmed an order for 20 Airbus 320neo aircraft. The firm order is part of an initial option for 100 Airbus 320neo announced in August, and are…
Airlines and Aviation

BA’s code added to Vueling flights

Mark Elliott Jun 22, 2014
British Airways has added its flight code to more than 170 Vueling flights. The agreement is largely on flights to and from Rome Fiumicino with 37 international and 11 domestic…
Airlines and Aviation

IAG flies back into black

Mark Elliott Feb 28, 2014
British Airways’ parent company International Airlines Group (IAG) has moved back into profits as it makes ‘steady progress’ on its 2015 target. The airline group, which also owns…
Airlines and Aviation

IAG renews Travelport deal

Mark Elliott Feb 14, 2014
International Airlines Group (IAG) has renewed its multi-year, full-content agreements with Travelport. British Airways and Iberia will continue to publish fares and inventory for all…
Airlines and Aviation

IAG soars with US$900m profit

Mark Elliott Nov 10, 2013
The International Airlines Group (IAG) has posted a strong set of financial results for the third quarter of the year, with operating profits surging to more than US$900 million. The…
UK

British Airways boss slams Heathrow CEO

Mark Elliott Sep 25, 2013
Willie Walsh, the CEO of International Airlines Group, has claimed that Heathrow is ripping off passengers and hiring too many overpaid staff. His comments were bolstered by claims he…
Airlines and Aviation

BA welcomes first Dreamliner

Mark Elliott Jun 28, 2013
British Airways took delivery of its first Boeing 787 Dreamliner on Thursday (27 June 2013). The new twin-aisle aircraft touched down at London's Heathrow Airport at 1210 local time,…
Airlines and Aviation

Finnair to enter AA, IAG joint business

Mark Elliott Mar 7, 2013 9
Finnair is to enter the joint transatlantic tbusiness between American Airlines, British Airways and Iberia. The Finnish airline, which is a member of oneworld with the other three…
Airlines and Aviation

Iberia dents IAG 2012 results

Mark Elliott Feb 28, 2013 14
International Airlines Group (IAG) has posted a loss in its full-year results, blaming Iberia and fuel costs for its downfall. The group, which also owns British Airways, lost GBP863m in…
Airlines and Aviation

Triple profits made at Vueling

Mark Elliott Feb 27, 2013 16
Vueling tripled its net profits in 2012 at EUR28.3 million (GBP24.3m), its fourth consecutive year. The airline saw profits soar 173% in 2012 compared to 2011 after doubling its services…
Airlines and Aviation

Ryanair blocked from Aer Lingus takeover

Mark Elliott Feb 12, 2013 13
Ryanair has been blocked from taking over Aer Lingus for the third time. The low-cost carrier said it believed the European Commission’s move was a “political decision” in light of IAG’s…
Airlines and Aviation

Dramatic restructure planned for Iberia

Mark Elliott Nov 11, 2012 18
British Airways’ partner airline Iberia is to be restructured under plans to help the carrier compete better with low-cost alternatives.   Parent company IAG laid out plans that will see…
Airlines and Aviation

IAG bids for Vueling, slashes jobs at Iberia

Nov 11, 2012 0
The International Airlines Group (IAG) has announced drastic plans to turn around its Spanish operations, with the tabling of a 100% bid for low-cost carrier Vueling and plans to slash 4,500…
Airlines and Aviation

IAG bids tender offer to acquire Vueling

Mark Elliott Nov 8, 2012 15
International Airlines Group (IAG) has made a tender offer to acquire Spanish airline Vueling. The cash offer of EUR113m (GBP90m), if confirmed, would see IAG, parent of British Airways…
UK

IAG considers Vueling bid

Nov 8, 2012 15
The International Airlines Group (IAG), which comprises British Airways and Iberia, has confirmed that it is considering making a bid for Spanish low-cost carrier, Vueling. Following…
Airlines and Aviation

Qantas switches IAG for Emirates

Mark Elliott Sep 6, 2012 17
Qantas has ended its joint business arrangement with IAG to sign a new global partnership with Emirates. The Australian carrier has signed a 10-year agreement with Emirates that will see…
Airlines and Aviation

Virgin Atlantic plans London-Manchester

Mark Elliott Aug 21, 2012 16
Virgin Atlantic plans to launch its first domestic flights next year with services between Heathrow and Manchester. The carrier will make its first move into the domestic market on 31…
Airlines and Aviation

Report: What’s next for American Airlines?

Mark Elliott Aug 8, 2012 0
Since American Airlines entered bankruptcy earlier this year it has been subject to various rumours over its future funding. Last month the carrier’s owners AMR hinted at five potential…
Airlines and Aviation

IAG puts acquisition plans on hold

Jun 13, 2012 17
British Airways’ parent company IAG has put its acquisition plans on hold as the poor economic outlook in Europe dampens its ambitions. Speaking in Beijing this week, IAG’s chief…
Airlines and Aviation

BA to use Dreamliners for China expansion

Jun 12, 2012 17
British Airways is planning to add up to 10 new destinations in China, but will wait for the delivery of its Boeing 787 Dreamliners to launch the new services. Willie Walsh, CEO of the…
Airlines and Aviation

JAL gets green light for European JV

May 27, 2012 14
Japan Airlines (JAL) has been granted permission to form a new joint venture with the International Airlines Group (IAG) for flights between Europe and Japan. Japan's Ministry of Land,…
Airlines and Aviation

Airlines briefs 25/05/12

Mark Elliott May 25, 2012 15
Airline news from IAG/JAL and Virgin Atlantic's new route Japan authorities approve IAG/JAL deal The Japanese Ministry of Land, Infrastructure, Transport and Tourism (MLIT) has…
Airlines and Aviation

IAG losses widen as new routes announced

Mark Elliott May 11, 2012 6
British Airways and Iberia parent company International Airlines Group (IAG) saw its losses double to £200m following higher fuel costs and the Iberia pilot strike. The industrial action…
Airlines and Aviation

IAG sells bmi Regional for £8m

Mark Elliott May 10, 2012 17
International Airlines Group (IAG) has sold bmi Regional for £8 million. The company, parent to British Airways, Iberia and bmi, has sold the airline to Sector Aviation Holdings conditional…
Airlines and Aviation

bmibaby ‘could close in September’

Mark Elliott May 3, 2012 1
bmibaby could close in September if management decides it is the right decision for the airline, it revealed today. Bosses at the carrier have started consultations with trade unions over…
Airlines and Aviation

Lufthansa completes sale of bmi to IAG

Apr 22, 2012 19
Lufthansa has completed the sale of its loss-making UK unit, bmi, to the International Airlines Group (IAG). The deal was originally worth GBP172.5 million (US$276.7 million) but IAG has…
Airlines and Aviation

British Airways, JAL to launch joint business venture

Mark Elliott Feb 8, 2012 14
British Airways parent company International Airlines Group (IAG) has agreed plans to form a new joint venture with Japan Airlines (JAL). The new partnership would allow BA and JAL to…

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