International Consolidated Airlines Group SA

Earnings data Q1 2021

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Earnings data Q1 2022

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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.

BA accused of using ‘fire and rehire' tactics during lockdown to slash 10% off Unite and GMB workers' pay

Heathrow faces summer of disruption as BA staff vote to strike

Vueling, an airline part of International Consolidated Airlines Group (IAG), is collaborating with cryptocurrency payment service provider BitPay to enable crypto payments for airline tickets. The service will use technology from the Universal Air Travel Plan (UATP), the global payment network for the airline industry, according to a Thursday (June 16) press release.

Vueling Airline Collabs With BitPay for Crypto Payments

British Airways (BA) said Tuesday it may be facing several strikes this summer as staff backed industrial action following a pay dispute. Trade union Unite, which represents 16,000 BA employees, won a 97% vast majority in a ballot for possible industrial action after claiming the airline restored managers' pay to pre-Covid levels but still had not reversed the 10% pay cut issued to standard workers.

British Airways warns of summer of strikes as staff back industrial action on pay dispute

Airlines were told by ministers to fix problems with staff shortages and flight cancellations quickly by Transport Secretary Grant Shapps. In another weekend of severe disruption, many British holidaymakers found themselves stranded in Europe as easyJet cancelled 80 flights on Sunday with British Airways and Wizz Air also cutting some services.

Passengers left stranded by more easyJet, British Airways cancellations

British Airways and easyJet cancelled more than 150 flights on Wednesday as the government and airlines blamed each other for the chaos this week. BA cancelled at least 124 short-haul flights at Heathrow airport, though it said it informed passengers ahead of time, while some 31 flights were cancelled by low-cost airline easyJet at Gatwick, including those for Bologna, Barcelona, Prague, Krakow, and Edinburgh.

Government and airlines play blame game as BA and easyJet cancel more flights

Passengers face more delays going into extended platinum jubilee bank holiday

BA and easyJet cancel more than 150 flights as travel chaos continues

British Airways (BA) owner International Consolidated Airlines Group SA (LSE:IAG) (IAG) looks set to be the latest FTSE 100-listed company in the firing line over “excessive” executive pay. A significant revolt at IAG's annual meeting in June is expected, Sky News reported, with chief executive Luis Gallego's large share awards the main cause of investors' ire.

British Airways owner IAG faces shareholder backlash on 'excessive' CEO pay

Boeing

British Airways parent International Consolidated Airlines gave Boeing investors some good news Thursday.

Boeing flips Airbus customer IAG, parent of British Airways, Aer Lingus, Iberia

British Airways owner IAG says the order includes options for another 100 planes, to be available between 2025 and 2028.

Boeing Sells 50 737 MAX Jets to IAG at Discount

International Consolidated Airlines Group SA (LSE:IAG) (IAG), the owner of British Airways, said it has ordered 50 aircraft from Boeing with options on a further 100. According to a company statement, IAG has ordered 25 737-8200 aircraft and 25 737-10 aircraft, as well as 100 options.

British Airways owner IAG orders 50 Boeing aircraft

British Airways owner IAG has agreed to order 50 Boeing 737 MAX single-aisle aircraft for delivery between 2023 and 2027, it said on Thursday, as the company renews its fleet of short-haul planes.

British Airways owner IAG to order 50 Boeing 737 MAX jets

SEATTLE , May 19, 2022 /PRNewswire/ -- Boeing [NYSE: BA] and International Airlines Group (IAG) today announced an order for a combined total of 50 737-8-200s and 737-10s, plus 100 options. "The addition of new Boeing 737s is an important part of IAG´s short-haul fleet renewal.

International Airlines Group Finalizes Agreement for Up to 150 737 Jets

The UK airline is cutting 10% of its flight schedules between March and October due to a shortage in staff.

British Airways is the latest airline to cut its summer flight schedule as it struggles to hire enough people to cope with the rebound in air travel

International Consolidated Airline Group (OTCPK:ICAGY) Q1 2022 Earnings Conference Call May 6, 2022 4:00 AM ET Company Participants Luis Gallego - CEO Nicholas Cadbury - CFO Adam Daniels - Chairman & CEO of IAG Loyalty Sean Doyle - CEO & Chairman of British Airways David Podolsky - CEO of AIG Cargo Lynne Embleton - Chairman and CEO of Aer Lingus Javier Sanchez-Prieto - Chairman & CEO of Iberia Marco Sansavini - Chairman & CEO of Vueling Conference Call Participants Jaime Rowbotham - Deutsche Bank Savi Syth - Raymond James Alex Irving - Bernstein Carolina Dores - Morgan Stanley James Hollins - BNP Paribas Stephen Furlong - Davy Sathish Sivakumar - Citigroup Jarrod Castle - UBS Muneeba Kayani - Bank of America Ruxandra Haradau-Doser - Kepler Cheuvreux Andrew Lobbenberg - HSBC Harry Gowers - JPMorgan Luis Gallego Thank you very much. Good morning.

International Consolidated Airline Group (ICAGY) CEO Luis Gallego on Q1 2022 Results - Earnings Call Transcript

The IAG (LON: IAG) share price collapsed by more than 10% on Friday after the company published mixed quarterly results. The stock declined to a low of 125p, which was the lowest level since March 9 this year.

IAG share price outlook as return to profitability nears

International Consolidated Airlines Group SA (LSE:IAG) said it expects to be profitable from the second quarter onwards and for the full year as demand for business and leisure travel bounces back with the lifting of pandemic rules. The British Airways and Iberia owner made a loss after tax of €787mln in the first quarter of the year, down 27% on the same period last year, as it said business travel recovered to its highest level since the start of the pandemic.

IAG expects to be profitable for rest of the year as travel demand rebounds strongly

International Consolidated Airlines 1Q capacity 65% of 2019, sees profitable 2Q

British Airways-owner IAG said on Friday it had seen a strong recovery in business travel in the first quarter and it expected to be profitable from the second quarter onwards and for the full year.

British Airways-owner IAG says business travel recovering

When IAG, or to give it its full name International Consolidated Airlines Group, was founded in 2011, it was the last of the three big European network airline mergers.

Airlines: IAG CEO Luis Gallego Focussed On The Future

Long queues today at Manchester Airport are just a foretaste of what's in store when the Easter getaway hits its stride next week, experts warned. The airport told passengers to arrive at least three hours before their scheduled departure time, with staffing issues especially a shortage of security personnel again blamed.

Easter chaos on planes, roads and ports predicted, BA and easyJet cancel more flights

British Airways and easyJet PLC (easyJet plc (LSE:EZJ))  cancelled another 100 flights between them on Wednesday due to Covid related staff shortages. IAG-owned BA cancelled 78 flights from and to London's Heathrow Airport, while there were at least 30 cancellations by easyJet today, affecting routes in Amsterdam, Krakow, Bologna, and Berlin.

EasyJet and British Airways cancel more flights as Easter chaos looms larger

Luis Gallego, the Chief Executive of IAG, British Airways' parent company, said on Wednesday a deal over the acquisition of Spanish airline Air Europa may take at least 18 months.

IAG's CEO says Air Europa deal may take at least 18 months

Ryanair Hlds

Thousands of holidaymakers have seen their Easter getaways disrupted or cancelled because airlines and airports do not have enough staff to meet the recovery in demand as pandemic restrictions are eased in Europe.

Hit by staff shortages, airlines and airports struggle with travel recovery

Rising prices spell bad news for British Airways owner International Consolidated Airlines Group (LSE:IAG) and other European airlines, said Deutsche Bank. Pricing in a more turbulent outlook, analysts at the bank downgraded its view of many in the sector, cutting IAG, rivals Wizz Air Holdings PLC (AIM:WIZZ) and Deutsche Lufthansa all to 'hold' from 'buy'.

BA owner IAG and other EU airlines to be squeezed on two sides from rising prices - analyst

British Airways jets are currently grounded in South Africa indefinitely, with the country's aviation regulator expressing concerns over engine failure and landing gear malfunctions. Comair, which manages BA flights across southern Africa has been suspended from flying since Saturday following an initial temporary ban by the South African Civil Aviation Authority.

News for International Consolidated Airlines Group SA Stock (ICAGY)