International Consolidated Airlines Group SA

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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 is grounding its fleet of Boeing 747s four years ahead of schedule because the pandemic has depressed demand for air travel.

Coronavirus forces British Airways to retire Boeing 747 jets

The airline, owned by International Consolidated Airlines Group, had originally planned to phase out the "jumbo jet" by 2024.

British Airways retires its entire fleet of Boeing 747 jets

British Airways said on Friday that it has decided in favour of retiring its entire fleet of Boeing 747s with immediate effect as the Coronavirus pandemic curbed demand for air travel and brought the global airline industry to a near halt in recent months. The British flagship air carrier that is a subsidiary of International Consolidated Airlines Group (LON: IAG) has the largest fleet of Boeing’s jumbo jets in the world.

British Airways retires its entire fleet of Boeing 747s with immediate effect

British Airways is retiring its fleet of 31 Boeing 747 four years ahead of schedule as it braces for a sustained slump in global air travel due to the pandemic.

British Airways is retiring its fleet of 31 Boeing 747s

British Airways, the world's largest operator of Boeing 747s, will retire its entire jumbo jet fleet with immediate effect after the novel coronavirus pandemic sent air travel into freefall.

End of the jumbo: British Airways retires 747 fleet early on coronavirus woes

British Airways, the world's largest operator of Boeing 747, said late Thursday it would retire its entire jumbo jet fleet with immediate effect due to the downturn in travel industry caused by the coronavirus pandemic.

British Airways retires entire fleet of Boeing's jumbo jets

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European stocks closed at over a five-week high on Wednesday, with travel stocks surfing a wave of optimism following reports of progress in developing a COVID-19 vaccine.

Travel stocks soar as encouraging vaccine study lifts Europe

The travel giant is selling 17 works from its famous art collection.

British Airways Will Auction Art Worth Up To $1.7 Million, But It May Not Be Enough In Coronavirus Crisis

The Sun reported on Sunday that British Airways had inked an agreement with its pilots to layoff 350 of them. Another 300, the company added, have been placed in a pool to be rehired once the demand recovers.

British Airways inks an agreement to layoff 300 of its pilots amidst COVID-19

The trade union battling British Airways has met investors in its parent company IAG as it tries to ramp up pressure on the airline to stop it cutting staff pay and conditions by using the coronavirus pandemic as an excuse.

In battle against British Airways, trade union goes to investors

British Airways, owned by IAG , has made a proposal to its cabin crew that would mean those taking on a corresponding role under its restructuring proposals would be paid at least 80% of their current basic rate, an internal letter said.

British Airways makes proposal to cabin crew on pay cuts

A patchwork of national restrictions and a reluctance among travellers to cross borders mean European airlines face a bumpier return to the skies from coronavirus lockdowns than U.S. and Asian rivals.

European airlines face longer haul to recovery

British Airways is fighting for its survival and has acted lawfully, Willie Walsh, the chief executive of the airline's owner IAG  said on Monday, in a terse response to lawmakers who heavily criticised its treatment of employees.

IAG's Walsh rejects lawmakers' criticism over British Airways plan

British Airways was labelled a "national disgrace" by lawmakers for its treatment of employees on Saturday, adding to pressure on the airline as it juggles job cuts and new quarantine rules.

Lawmakers label British Airways 'national disgrace' over jobs

At least 10 artworks from the airline's collection, which had previously been on display in its airport lounges, will be put up for sale, with one of the pieces valued at more than £1 million ($1.26 million).

British Airways is auctioning off art worth millions as pandemic weighs on earnings

British Airways, EasyJet and Ryanair have launched a legal challenge to coronavirus quarantine measures imposed by the UK government, saying the "flawed" guidelines will crush the economy.

Top airlines take UK government to court over 'devastating' quarantine

The airline is looking to sell pieces from its renowned art collection to raise much-needed cash as the pandemic has kept much of its fleet grounded.

Reports: British Airways To Auction Pieces From Multimillion-Dollar Art Collection

Shares of International Consolidated Airlines Group (LSE: IAG), the parent company of British Airways (BA), plunged 9% today as the row between the BA and its unions has deepened over the past few days.  Fundamental analysis: Unions to approach the EU The Unite union, which represents BA cabin crew, says it has contacted the European Union to register its resistance to IAG’s acquisition of Air Europa.

IAG stock price collapses 9% as the clash between British Airways and its unions intensifies

British Airways will sell at least 10 works of art that normally hang in its executive lounges, a source said, turning to pieces by famous artists like Damien Hirst to raise millions of pounds to help it through the coronavirus pandemic.

British Airways turns to Damien Hirst in its hour of need

British Airways, Easyjet and Ryanair have criticized the U.K. government's decision to impose a mandatory 14-day quarantine on international travelers, describing it as "unfair.

British Airways, EasyJet and Ryanair slam the U.K.'s 'disproportionate' mandatory quarantine

Three airlines have written to the British government in protest at its "wholly unjustified and disproportionate" quarantine rules for most international arrivals from Monday, a copy of the letter seen by Reuters showed.

BA, Ryanair, easyJet protest over 'wholly unjustified' UK quarantine plan

British Airways parent company IAG  said it is considering launching a legal challenge against the UK government's 14-day quarantine rule for incoming travellers.

British Airways parent company considering legal challenge to UK quarantine rules

The boss of British Airways said its parent company IAG  was burning through 178 million pounds ($223 million) a week and could not guarantee its survival, prompting him to urge unions to engage over 12,000 job cuts.

British Airways boss says burning through cash, urges unions to engage

The U.S.-listed shares of British Airways parent International Consolidated Airlines Group S.A.

British Airways credit downgraded to 'junk' territory at Moody's

Britain's quarantine plans and a minister's comment that big foreign holidays were unlikely this year are seriously hindering any travel recovery, said Willie Walsh the boss of British Airways parent company IAG.

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