Tags: International Airlines Group

International Airlines Group overcomes rising fuel prices to report strong profits

International Airlines Group has reported operating profit of €1,460 million before exceptional items for the nine months to September 30th, up from €1,450 million last year. The company – which owns British Airways, Iberia, Aer Lingus and other European carriers – said it would issue an interim dividend of 14.5 cents per share. Passenger unit […]

IAG buys Monarch’s slots, increases presence at Gatwick by third

International Airlines Group (IAG), the owner of British Airways, is purchasing the London Gatwick airport slots from the administrator of the recently-bankrupt UK carrier Monarch Airlines. British Airways, the largest airline in UK by the fleet size, is seen as the biggest beneficiary of the move as it allows expanding its presence at Gatwick. The […]

International Airlines Group to launch new long-haul carrier LEVEL

International Airlines Group is launching LEVEL – a new low cost long-haul airline brand. The carrier will take to the skies in June, with flights from Barcelona to Los Angeles, San Francisco (Oakland), Buenos Aires and Punta Cana. LEVEL will fly two new Airbus A330 aircraft branded in its own livery and fitted with 293 […]