|29 May 2018||IAG Launches Its Third Hangar 51 Travel Tech Programme|
| International Airlines Group (IAG) is launching its third Hangar 51 global innovation programme in collaboration with British Airways, Avios and IAG Cargo. The initiative will be based in London at the companies’ headquarters.Start-ups from around the world are invited to join the industry-leading programme. Up to ten successful companies will be embedded in the heart of the business to develop and test their products with the opportunity to grow on a global scale. In partnership wi... |
|24 May 2018||Iag Response To Department For Transport Statement On Heathrow Expansion|
|Commenting on the Secretary of State for Transport’s latest statement on Heathrow airport expansion, IAG chief executive, Willie Walsh said:“The Secretary of State’s challenge to Heathrow to keep expansion costs low and provide value-for-money for consumers could not be more stark. “Chris Grayling understands that Britain needs cost-effective infrastructure to survive and thrive on a global stage post-Brexit. “Heathrow is a monopoly with a history of gold-plating facilities and very high ... |
|04 May 2018||IAG 1st Quarter 2018 Results |
|THREE MONTHS RESULTS ANNOUNCEMENTInternational Consolidated Airlines Group (IAG) today (May 4, 2018) presented Group consolidated results for the three months to March 31, 2018.
IAG period highlights on results: First quarter operating profit €280 million before exceptional items (2017 restated(1): €160 million) Net foreign exchange operating profit impact for the quarter favourable €58 million Passenger unit revenue for the quarter down 0.7 per cent, up 3.5 per cent at constant ... |
|12 April 2018||Response to Press Speculation on Norwegian Air Shuttle ASA|
|RELEVANT FACTTHIS ANNOUNCEMENT DOES NOT CONSTITUTE A FORMAL ANNOUNCEMENT OF A PUBLIC OFFER IN ACCORDANCE WITH THE OSLO STOCK EXCHANGE TAKEOVER RULES AND IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER AND THERE CAN BE NO CERTAINTY THAT AN OFFER WILL BE MADE, NOR AS TO THE TERMS ON WHICH ANY OFFER WILL BE MADE. THIS ANNOUNCEMENT SHALL NOT GIVE RISE TO ANY OBLIGATION FOR AN OFFER TO BE MADEResponse to Press Speculation on Norwegian Air Shuttle ASAInternational Airlines Group (IAG) note... |
|05 April 2018||March 2018 – Group Traffic and Capacity Statistics|
|March 2018 – Group Traffic and Capacity Statistics Group traffic in March, measured in Revenue Passenger Kilometres, increased by 9.0 per cent versus February 2017; Group capacity measured in Available Seat Kilometres rose by 5.8 per cent.5 April 2018 STRATEGIC DEVELOPMENTSOn 3 April, IAG announced that British Airways had finalised its new pension scheme. The airline closed its New Airways Pension Scheme (NAPS) to future accrual and its British Airways Retirement Plan (BAR... |
|23 March 2018||IAG response to Transport Select Committee Report on Heathrow Expansion |
Group (IAG) welcomes the Transport Select Committee's report into Heathrow
expansion and its focus on cost control.
Willie Walsh, IAG's chief
executive, said: "Heathrow is the world's most expensive hub airport and its
current costs proposal is exorbitant and unacceptably vague.
"The Transport Select
Committee's conclusion that airport charges must be kept at today's levels, as
this is in customers' interests, is very welcome.
"It's critical, as
|20 March 2018||IAG introduces state of the art technology to reduce carbon emissions|
|05 March 2018||February 2018 – Group Traffic and Capacity Statistics |
|Group traffic in February, measured in Revenue Passenger Kilometres, increased by 5.8 per cent versus February 2017; Group capacity measured in Available Seat Kilometres rose by 3.5 per cent.
5 March 2018
On 12 February, IAG announced its investment in Volantio, following the start-up’s successful participation in IAG’s Hangar 51 global accelerator programme. Volantio’s platform, Yana, enables airlines to proactively identify flexible passengers on hig... |
|23 February 2018||Final Results|
|International Consolidated Airlines Group (IAG) today (February 23, 2018) presented Group consolidated results for the year to December 31, 2017.IAG period highlights on results: Fourth quarter operating profit €585 million before exceptional items (2016: €620 million) Passenger unit revenue for the quarter up 0.4 per cent, up 2.4 per cent at constant currency Non-fuel unit costs before exceptional items for the quarter are up 0.5 per cent, up 3.2 per cent at constant currency Fuel unit costs be... |
|19 February 2018||Give CAA power to control Heathrow expansion costs|
|The Transport Select Committee should ensure the Civil Aviation Authority (CAA) is given powers to force Heathrow Airport Ltd (HAL) to introduce competition as it expands, says International Airlines Group (IAG).Willie Walsh, IAG’s chief executive, will stress the Group’s concern when he addresses the Committee tomorrow (February 20).HAL is engaged in intense lobbying to be designated as the sole promotor of terminals in the Government’s National Policy Statement (NPS). IAG believes that ... |
|15 February 2018||No Level Playing Field for APD|
|International Airlines Group (IAG) has warned MPs that Air Passenger Duty undermines Britain’s position as a global trading nation post-Brexit and reduces the chance of its new longhaul low cost airline brand LEVEL flying from UK regions.
IAG is looking to expand LEVEL, which launched flights from Barcelona to the US and Latin America last year and will fly from Paris to the Caribbean and North America in July.
In a letter to MPs, IAG says abolishing APD would make it more li... |
|12 February 2018||IAG Invests in Hangar 51 Start-Up Volantio|
|International Airlines Group (IAG) is to invest in Volantio, following the US start-up’s successful participation in IAG’s global accelerator programme Hangar 51. From more than 350 applications in 46 countries, IAG selected seven companies to participate in its 10-week accelerator programme following a competitive pitch day. Based in Madrid and Barcelona, the start-ups worked closely with industry experts and mentors at IAG, Iberia, Iberia Express and Vueling to develop and test their i... |
|05 February 2018||January 2018 – Group Traffic and Capacity Statistics |
|Group traffic in January, measured in Revenue Passenger Kilometres, increased by 3.2 per cent versus January 2017; Group capacity measured in Available Seat Kilometres rose by 2.8 per cent.
5 February 2018 STRATEGIC DEVELOPMENTS
Iberia and its subsidiary Iberia Express were the world's most punctual airlines in 2017, according to the latest ranking published by FlightStats. For the second year running, Iberia led the ranking for major global airlines with 88.97 per cent of its... |
|05 February 2018||Break-Up Heathrow monopoly to cut costs|
|Heathrow’s monopoly should be broken-up with the ability for terminals to be run by third parties, creating competition and lower costs for customers, says International Airlines Group (IAG). In a submission to the Civil Aviation Authority (CAA), IAG says that Heathrow’s expansion provides a great opportunity for independent companies to design, build and run commercial facilities like terminals. Competition would provide better facilities more economically and ensure customer charges d... |
|29 January 2018||Government urged to end 10 year Chinese Visa Delay |
|International Airlines Group (IAG) is urging the Prime Minister to fulfill the Government’s promise to introduce a new 10 year visa for Chinese visitors that it made over two years ago. With Theresa May visiting China in late January, IAG is questioning why no progress has been made on the visa trial which was announced during the Chinese state visit to the UK in October 2015. In a letter to the Home Secretary, Willie Walsh, IAG chief executive, said: “We need a step change on China. We ... |
|04 January 2018||December 2017 – Group Traffic and Capacity Statistics |
|Group traffic in December, measured in Revenue Passenger Kilometres, increased by 6.1 per cent versus December 2016; Group capacity measured in Available Seat Kilometres rose by 4.0 per cent. Group premium traffic for the month of December increased by 3.9 per cent compared to the previous year.4 January 2018 STRATEGIC DEVELOPMENTS
On 8 December, British Airways launched a flexible benefits scheme incorporating a new defined contribution pension scheme, following consultation wit... |
|02 January 2018||International Airlines Group to Buy NIKI Assets |
International Airlines Group (IAG) is to buy assets of the Austrian airline NIKI, which was formerly part of the Air Berlin group, for €20 million and provide liquidity to NIKI of up to €16.5 million. The transaction is being made by a newly formed subsidiary of Vueling which will be incorporated as an Austrian company and run initially as a separate operation. It is subject to customary closing conditions such as the EC competition approval. The assets include up to 15 A320 family air... |