International Consolidated Airlines Group SA

Earnings data Q1 2021

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Earnings data Q1 2024

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Earnings data Q4 2024

International Consolidated Airlines Group SA is a holding company, which engages in the provision of passenger and freight air transportation services. It operates through the following segments: British Airways, Iberia, Vueling, Aer Lingus, and Other Group companies. The company was founded on January 21, 2011 and is headquartered in London, the United Kingdom.

British Airways owner IAG launched a heavily discounted rights issue on Thursday to raise 2.74 billion euros ($3.2 billion) to help strengthen its finances, which have been squeezed by the coronavirus pandemic.

BA owner IAG launches discounted 3:2 rights issue to raise 2.7 billion euros

Iberia’s Luis Gallego took over the role of the new chief executive officer of the parent organisation, International Airlines Group (LON: IAG), on Tuesday, that effectively marked an end to CEO Willie Walsh’s tenure at the airline holding company. IAG’s shareholders also voted in favour of the company’s plans of raising new equity worth £2.51 billion on Tuesday.

IAG shareholders vote in favour of raising £2.51 billion of new equity

Willie Walsh will pass the controls of IAG to Luis Gallego at the British Airways and Iberia owner's annual meeting on Tuesday, where shareholders will be asked to stump up billions of euros to help it through the coronavirus crisis.

IAG airline's Walsh hands control to Gallego with crisis in mid-air

Aer Lingus could debut on the U.K.’s trans-Atlantic market, flying non-stop from a city like Manchester or Edinburgh to the U.S.

British Airways’ New Low-Cost Strategy Is…Aer Lingus?

British Airways is increasingly likely to face strike action this autumn, as the trade union representing cabin crew said that new contracts offered to the airline's remaining staff did not offer enough stability and could cut pay substantially.

British Airways increasingly likely to face strike action: union

British Airways said the retirement of its jumbo jet fleet will start on Tuesday when the first of its 31 remaining Boeing 747s takes off from Heathrow and heads to Spain to be scrapped.

BA jumbo heads to scrapheap as 747 fleet retirement starts

British Airways has agreed a deal with trade unions representing parts of its workforce in Heathrow over planned job cuts, with the airline's chief executive saying significant progress had been made in a message to staff on Tuesday.

British Airways reaches deal in principle with some Heathrow staff

As British Airways faces the Covid crisis it  is in a standoff with unions over the need for job losses and structural change.  Could it be a fight to the death?

British Airways Union Standoff. Could It Be A Fight To The Death?

Thousands of British Airways staff will be sent letters telling them they have lost their jobs on Friday, as the airline pushes ahead with a plan to cut employee numbers by 29% in the face of bitter opposition from unions.

Thousands of BA staff to lose jobs as airline pushes ahead with cuts

British Airways said on Friday it was making progress with its plan to cut 12,000 jobs to help it shrink as a result of the pandemic, with more than 6,000 employees deciding to take voluntary redundancy.

British Airways makes progress with job cuts

IAMGOLD Corporation (IAG) CEO Gord Stothart on Q2 2020 Results - Earnings Call Transcript

International Consolidated Airlines Group, S.A. (ICAGY) CEO Willie Walsh on Q2 2020 Results - Earnings Call Transcript

British Airways pilots have accepted a deal that will temporarily cut pay by 20% and eliminate more than 200 jobs, the pilots' union said on Friday.

British Airways pilots accept pay cuts, job losses negotiated by union

British Airways is expected to resume flights to Russia on Aug. 2, Russia's Federal Air Transport Agency said on Friday, as Russia plans to restart some regular international flights on Saturday.

British Airways to resume flights to Russia on August 2: Russian transport agency

British Airways owner IAG plans to raise 2.75 billion euros ($3.27 billion/£2.48 billion) from shareholders to repair the coronavirus-sized hole in its finances and brace for a more chaotic future.

BA owner IAG to raise $3.3 billion to ride out COVID crisis

The capital raise proposed by British Airways-owner IAG will give the airlines group "a very comfortable buffer", said its chief executive, who added that he would not be extending his tenure again.

IAG CEO says will have comfortable buffer, sticks to September 8 retirement

NEW YORK, July 27, 2020 /PRNewswire/ -- Fareportal, the travel technology company that powers CheapOair and OneTravel has joined forces with British Airways to launch a New Distribution Capability that will bring customers a personalized travel experience. "Our partnership with British.

Fareportal Teams Up with British Airways to Bring Customers a Better Booking Experience

EasyJet and British Airways told customers on Saturday they did not plan to cancel flights over the coming days, after Britain's government advised against all non-essential travel to mainland Spain due to COVID-19.

EasyJet and British Airways plan to continue UK-Spain flights

British Airways owner International Airlines Group IAG, -4.12% said it's considering selling €2.75 billion ($3.2 billion) of stock.

International Airlines Group weighs $3.2 billion stock sale

British Airways owner IAG is set to issue shares at the end of the summer in a bid to raise up to 2.5 billion euros ($2.88 billion) to keep the business afloat and avoid a government bailout, several sources said.

British Airways owner to raise up to 2.5 billion euros with share issue: sources

American Express

British Airways owner International Airlines Group on Friday said it had signed a multi-year renewal agreement with American Express , extending its worldwide commercial partnership with the payments company.

British Airways owner IAG extends partnership with American Express

British Airways' decision to immediately chop all 31 Boeing 747-400 jumbo jets from its fleet represents a sizable loss of future cargo capacity until the global economy returns to normal.

Will Shippers Miss The British Airways 747?

Even though the arrival of new generation airliners and the coronavirus pandemic are bad news for the iconic Boeing 747, the aircraft is still hugely important for cargo airlines.

The World’s Largest Boeing 747 Operators Now That British Airways Has Retired Its Fleet

Airlines are preparing for a lasting decline in how often businesses travel in a premium cabin. Particularly impacted is the 747, which British Airways in recent years turned into a quasi-business jet.

British Airways Bets Against Business Class With 747 Retirement

The news follows the recent retirement of 777 and 767 aircraft by other carriers.

News for International Consolidated Airlines Group SA Stock (ICAGY)