Iberia’s subsidiary airline Iberia Express is set for a winter schedule between Newcastle Airport to Madrid, Lanzarote and Gran Canaria. The flights will operate from 26th December 2020 to 3rd January 2021. This will be the first time the North East of England will be served by Iberia Express, which was [read more]
British Airways parent company, International Airlines Group (IAG), has reported a €6bn loss in its Quarter 3 (Q3) financial results. The group, which also owns Aer Lingus, said Q3 had seen it run an operating loss of €5.9bn compared to a €2.5bn profit in the same period last year. IAG [read more]
International Airlines Group (IAG) has confirmed that Alex Cruz is to stand down as British Airways’ Chief Executive with immediate effect but will remain as the non-executive chairman. Cruz’s time at British Airways started in 2016 and has seen the airline go through significant changes including fleet upgrades, network changes [read more]
British Airways (BA/BAW) had planned to operate around 54% of its normal network between October and December this year but it has revealed that a “levelling-off” in bookings could see that fall to just 40%. Like all airlines British Airways has been badly hit by the Coronavirus pandemic and is [read more]
International Airlines Group (IAG) owned airline Level Europe (VK/FOO) has confirmed that is going into administration. The Austrian airline, which operates from Amsterdam and Vienna, is filing for insolvency as it becomes the latest casualty of the Coronavirus pandemic. In a typical IAG twist of ownership, Level Europe is owned [read more]
Spanish flag carrier Iberia (IB/IBE) has confirmed the retirement of its remaining Airbus A340 fleet. The news that that the airline would bring forward the retirement its final 14 Airbus A340-600 aircraft was given to staff in an internal memo and later confirmed by the airline. Iberia is the only [read more]
The union representing British Airways Cabin Crew, Ground Staff and Engineers has said it has approached the European Commission to object to the take of Spanish airline Air Europa by British Airways parent International Airlines Group (IAG). It was reported earlier this week that IAG had a agreed a deal [read more]
A statement from British Airways’ (BA/BAW) parent International Airlines Group (IAG) has said that together with Ryanair (FR/RYR) and Easyjet (U2/EZY) the group is seeking a judicial review of the governments controversial 14-day quarantine scheme. Under the scheme, anyone arriving into the UK, that isn’t from an exempted country, is [read more]
Iberia (IB/IBE), which is wholly owned by International Airlines Group (IAG), has reportedly agreed terms to buy Spanish rival Air Europa (UX/AEA) for almost €1bn (approx £889m). The deal had come under scrutiny after it emerged that IAG was pressing ahead with the acquisition whilst still planning to cut 12,000 [read more]
British Airways’ (BA/BAW) parent company International Airlines Group (IAG) has confirmed that it is to press ahead with the planned cuts to thousands of Pilots, Cabin Crew and Ground staff despite the UK Government extending the furlough scheme until October. Transport Select Committee Chair Huw Merriman MP and Chris Loder [read more]
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