|07 November 2018||Cancellation of Treasury Shares|
|Further to the conclusion of the buy-back programme (the “Buy-back Programme”), which was announced by International Consolidated Airlines Group, S.A. (the “Company”) on 25 October 2018 by means of a relevant fact (n. 270851), on the date hereof, the share capital reduction approved by the Annual Shareholders’ Meeting of the Company held on 14 June 2018, has been executed by virtue of the corresponding public deed on capital reduction and by-laws amendment granted before a notary. The ... |
|07 November 2018||Capital reduction by means of treasury share cancellation|
|The Annual Shareholders’ Meeting of International Consolidated Airlines Group, S.A. (“IAG” or the “Company”) held on 14 June 2018 approved, under item twelve on the agenda, a reduction of share capital by means of the cancellation of a maximum of 185,000,000 shares to be acquired through a share buyback programme and delegated to the Board of Directors of the Company, with express powers of delegation, the powers necessary to proceed, in a period of not more than one month following the expirati... |
|06 November 2018||IAG Traffic and Capacity Statistics: October 2018 |
|Group traffic in October, measured in Revenue Passenger Kilometres, increased by 6.6 per cent versus October 2017; Group capacity measured in Available Seat Kilometres rose by 6.7 per cent.
6 November 2018 STRATEGIC DEVELOPMENTS
On 1 November, IAG was granted investment grade status by credit agencies Moody’s (Baa3) and S&P Global (BBB-). This reflects the continuing strength of IAG’s business and provides a solid platform to deliver the Group’s financial targets. It also provi... |
|02 November 2018||IAG Capital Markets Day 2018|
|International Consolidated Airlines Group (IAG) will update the market today (November 2, 2018) at its Capital Markets Day with the following key information: Shareholder cash returns: IAG reinforces its strong equity free cash flow targets IAG has a strong balance sheet Long-term planning goals for 2019-2023 include: Return on Invested Capital (real terms) targeting sustainable 15% (no change) An operating profit margin of 12% to 15% (no change) Average EPS growth of 1... |
|26 October 2018||3rd Quarter Results |
|NINE MONTHS RESULTS ANNOUNCEMENTInternational Consolidated Airlines Group (IAG) today (October 26, 2018) presented Group consolidated results for the nine months to September 30, 2018.IAG period highlights on results: Third quarter operating profit €1,460 million before exceptional items (2017 restated(1): €1,450 million)Net foreign exchange operating profit impact for the quarter adverse €111 millionPassenger unit revenue for the quarter up 1.3 per cent, up 2.4 per cent at constant currencyNon... |
|11 October 2018||Aer Lingus Chief Executive|
|International Airlines Group (IAG) announces that Aer Lingus chief executive Stephen Kavanagh will step down on January 1, 2019 but will remain on the airline’s board as a non-executive director. He will be succeeded as chief executive and executive director by Sean Doyle who is currently British Airways director of network, fleet and alliances.Willie Walsh, IAG chief executive and Aer Lingus chairman, said: “Stephen has been an exceptional chief executive and has transformed and modernise... |
|03 October 2018||IAG Traffic and Capacity Statistics September 2018|
|Group traffic in September, measured in Revenue Passenger Kilometres, increased by 5.9 per cent versus September 2017; Group capacity measured in Available Seat Kilometres rose by 7.2 per cent.
3 October 2018 STRATEGIC DEVELOPMENTS
On 12 September, Aer Lingus announced two new North American routes that will start next summer. Its flights between Dublin and Minneapolis-St. Paul commence on 8 July 2019 while services to Montreal start on 8 August 2019. Both routes will operate d... |
|02 October 2018||10 Start-ups Join IAG's Third Hangar 51 Accelerator|
|International Airlines Group (IAG) has chosen 10 finalists to join its third Hangar 51 global accelerator programme in collaboration with British Airways, Avios and IAG Cargo. From more than 400 applications in 40 countries, IAG selected 28 start-ups to present their innovative products and services before a judging panel at a pitch day earlier this month. The start-ups will be embedded in the heart of IAG for 10 weeks where they will be working side by side with mentors and experts fro... |
|06 September 2018||Theft of Customer Data at British Airways|
|RNS Number : 0583A International Cons Airlines Group 06 September 2018 THEFT OF CUSTOMER DATA AT BRITISH AIRWAYS International Airlines Group's subsidiary, British Airways, is investigating, as a matter of urgency, the theft of customer data from its website, ba.com and the airline's mobile app. The stolen data did not include travel or passport details. From 22:58 BST August 21 2018 until 21:45 BST September 5 2018 inclusive, the personal and financial details of customers making bookin... |
|05 September 2018||IAG Traffic and Capacity Statistics - August 2018|
|RNS Number : 8940Z International Cons Airlines Group 05 September 2018 AUGUST 2018 - GROUP TRAFFIC AND CAPACITY STATISTICS Group traffic in August, measured in Revenue Passenger Kilometres, increased by 7.0 per cent versus August 2017; Group capacity measured in Available Seat Kilometres rose by 6.5 per cent. 5 September 2018 STRATEGIC DEVELOPMENTS On 28 August, Aer Lingus announced a leasing agreement with CityJet to operate flights between Dublin an... |
|03 August 2018||IAG Traffic and Capacity Statistics - July 2018|
|Group traffic in July, measured in Revenue Passenger Kilometres, increased by 7.5 per cent versus July 2017; Group capacity measured in Available Seat Kilometres rose by 5.7 per cent.
3 August 2018 STRATEGIC DEVELOPMENTS
On 17 July, LEVEL launched its shorthaul operations from Vienna where it will have four A321 aircraft that will operate to 14 European destinations. Earlier in the month, LEVEL started flights from Paris Orly to Montreal and Guadaloupe. Two new A330-200s will b... |
|03 August 2018||Half-year Report|
|SIX MONTHS RESULTS
International Consolidated Airlines Group
(IAG) today (August 3, 2018) presented Group consolidated results for the six
months to June 30, 2018.
period highlights on results:
Second quarter operating profit €835 million before
exceptional items (2017 restated(1): €790 million)
Net foreign exchange operating profit impact for ... |
|25 July 2018||IAG Appoints Vincent Hodder as LEVEL Chief Executive|
|International Airlines Group (IAG) has appointed Vincent Hodder as chief executive of LEVEL, its low-cost airline brand. Vincent has over 25 years’ experience working with airlines around the world including low cost carriers such as Jetstar in Australia and Asia and VivaAerobus in Mexico. He is currently working as chief strategy officer at UK regional airline Flybe where he was instrumental in turning around revenue performance and refining the strategic direction of the business. L... |
|24 July 2018||IAG, Ryanair, easyJet and Wizzair Submit French ATC Strikes Complaint to European Commission|
|International Airlines Group (IAG), Ryanair, easyJet and Wizz Air have submitted complaints to the European Commission against France as its air traffic controllers’ strikes restrict the fundamental principle of freedom of movement within the EU.The airlines are not questioning the right to strike but believe France is breaking EU law by not enabling flights over the country during strikes. Passengers on overflights are being denied their fundamental freedom t... |
|17 July 2018||LEVEL Flights and Ticket Sales Take off in Austria|
|LEVEL’s first flight from Vienna takes off to London Gatwick at 1620 CET/1520 BST today. The inaugural flight on International Airlines Group’s (IAG) new shorthaul low-cost Austrian subsidiary, branded as LEVEL, will arrive into London Gatwick at 1750 (local time) with all seats sold on the Airbus A321. Flights to London operate 14 times per week and later today LEVEL will commence its seven weekly services to Palma, Majorca. LEVEL has four A321 aircraft based in Vienna from where they ... |
|04 July 2018||June 2018 - Group Traffic and Capacity Statistics|
|Group traffic in June, measured in Revenue Passenger Kilometres, increased by 9.1 per cent versus June 2017; Group capacity measured in Available Seat Kilometres rose by 5.4 per cent.
4 July 2018 STRATEGIC DEVELOPMENTS
On 28 June, IAG launched its new shorthaul low-cost Austrian subsidiary, branded as LEVEL, with flights from Vienna starting on July 17, 2018. The new subsidiary will have an Austrian Air Operator’s Certificate (AOC) and will base four Airbus A321 aircraft in Vie... |
|02 July 2018||LEVEL'S first Paris Flight Takes off|
|LEVEL’s first flight from Paris Orly takes off to Montreal at 1945 CET/1845 BST today.The inaugural French flight on International Airlines Group’s (IAG) longhaul low cost airline brand will arrive into Montreal at 2130 (local time) with more than 300 passengers on board a new Airbus A330-200 aircraft. Flights to Montreal will operate three times a week and tomorrow LEVEL will commence its four per week service to Guadeloupe. Fares start from €99** one way and tickets are on sale at flyle... |
|28 June 2018||IAG Launches New Austrian Subsidiary|
|International Airlines Group (IAG) is to launch a new low-cost Austrian subsidiary, branded as LEVEL, with flights from Vienna starting on July 17, 2018. The new subsidiary will have an Austrian Air Operator’s Certificate (AOC) and will base four Airbus A321 aircraft in Vienna from where it will fly to 14 European destinations. On July 17, flights to Palma, Majorca and London Gatwick will be launched. Over the subsequent four weeks, flights from Vienna will be launched to Barcelona, Ma... |
|29 May 2018||IAG Launches Its Third Hangar 51 Travel Tech Programme|
| International Airlines Group (IAG) is launching its third Hangar 51 global innovation programme in collaboration with British Airways, Avios and IAG Cargo. The initiative will be based in London at the companies’ headquarters.Start-ups from around the world are invited to join the industry-leading programme. Up to ten successful companies will be embedded in the heart of the business to develop and test their products with the opportunity to grow on a global scale. In partnership wi... |
|24 May 2018||Iag Response To Department For Transport Statement On Heathrow Expansion|
|Commenting on the Secretary of State for Transport’s latest statement on Heathrow airport expansion, IAG chief executive, Willie Walsh said:“The Secretary of State’s challenge to Heathrow to keep expansion costs low and provide value-for-money for consumers could not be more stark. “Chris Grayling understands that Britain needs cost-effective infrastructure to survive and thrive on a global stage post-Brexit. “Heathrow is a monopoly with a history of gold-plating facilities and very high ... |
|04 May 2018||IAG 1st Quarter 2018 Results |
|THREE MONTHS RESULTS ANNOUNCEMENTInternational Consolidated Airlines Group (IAG) today (May 4, 2018) presented Group consolidated results for the three months to March 31, 2018.
IAG period highlights on results: First quarter operating profit €280 million before exceptional items (2017 restated(1): €160 million) Net foreign exchange operating profit impact for the quarter favourable €58 million Passenger unit revenue for the quarter down 0.7 per cent, up 3.5 per cent at constant ... |
|12 April 2018||Response to Press Speculation on Norwegian Air Shuttle ASA|
|RELEVANT FACTTHIS ANNOUNCEMENT DOES NOT CONSTITUTE A FORMAL ANNOUNCEMENT OF A PUBLIC OFFER IN ACCORDANCE WITH THE OSLO STOCK EXCHANGE TAKEOVER RULES AND IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER AND THERE CAN BE NO CERTAINTY THAT AN OFFER WILL BE MADE, NOR AS TO THE TERMS ON WHICH ANY OFFER WILL BE MADE. THIS ANNOUNCEMENT SHALL NOT GIVE RISE TO ANY OBLIGATION FOR AN OFFER TO BE MADEResponse to Press Speculation on Norwegian Air Shuttle ASAInternational Airlines Group (IAG) note... |
|05 April 2018||March 2018 – Group Traffic and Capacity Statistics|
|March 2018 – Group Traffic and Capacity Statistics Group traffic in March, measured in Revenue Passenger Kilometres, increased by 9.0 per cent versus February 2017; Group capacity measured in Available Seat Kilometres rose by 5.8 per cent.5 April 2018 STRATEGIC DEVELOPMENTSOn 3 April, IAG announced that British Airways had finalised its new pension scheme. The airline closed its New Airways Pension Scheme (NAPS) to future accrual and its British Airways Retirement Plan (BAR... |
|23 March 2018||IAG response to Transport Select Committee Report on Heathrow Expansion |
Group (IAG) welcomes the Transport Select Committee's report into Heathrow
expansion and its focus on cost control.
Willie Walsh, IAG's chief
executive, said: "Heathrow is the world's most expensive hub airport and its
current costs proposal is exorbitant and unacceptably vague.
"The Transport Select
Committee's conclusion that airport charges must be kept at today's levels, as
this is in customers' interests, is very welcome.
"It's critical, as
|20 March 2018||IAG introduces state of the art technology to reduce carbon emissions|
|05 March 2018||February 2018 – Group Traffic and Capacity Statistics |
|Group traffic in February, measured in Revenue Passenger Kilometres, increased by 5.8 per cent versus February 2017; Group capacity measured in Available Seat Kilometres rose by 3.5 per cent.
5 March 2018
On 12 February, IAG announced its investment in Volantio, following the start-up’s successful participation in IAG’s Hangar 51 global accelerator programme. Volantio’s platform, Yana, enables airlines to proactively identify flexible passengers on hig... |
|23 February 2018||Final Results|
|International Consolidated Airlines Group (IAG) today (February 23, 2018) presented Group consolidated results for the year to December 31, 2017.IAG period highlights on results: Fourth quarter operating profit €585 million before exceptional items (2016: €620 million) Passenger unit revenue for the quarter up 0.4 per cent, up 2.4 per cent at constant currency Non-fuel unit costs before exceptional items for the quarter are up 0.5 per cent, up 3.2 per cent at constant currency Fuel unit costs be... |
|19 February 2018||Give CAA power to control Heathrow expansion costs|
|The Transport Select Committee should ensure the Civil Aviation Authority (CAA) is given powers to force Heathrow Airport Ltd (HAL) to introduce competition as it expands, says International Airlines Group (IAG).Willie Walsh, IAG’s chief executive, will stress the Group’s concern when he addresses the Committee tomorrow (February 20).HAL is engaged in intense lobbying to be designated as the sole promotor of terminals in the Government’s National Policy Statement (NPS). IAG believes that ... |
|15 February 2018||No Level Playing Field for APD|
|International Airlines Group (IAG) has warned MPs that Air Passenger Duty undermines Britain’s position as a global trading nation post-Brexit and reduces the chance of its new longhaul low cost airline brand LEVEL flying from UK regions.
IAG is looking to expand LEVEL, which launched flights from Barcelona to the US and Latin America last year and will fly from Paris to the Caribbean and North America in July.
In a letter to MPs, IAG says abolishing APD would make it more li... |
|12 February 2018||IAG Invests in Hangar 51 Start-Up Volantio|
|International Airlines Group (IAG) is to invest in Volantio, following the US start-up’s successful participation in IAG’s global accelerator programme Hangar 51. From more than 350 applications in 46 countries, IAG selected seven companies to participate in its 10-week accelerator programme following a competitive pitch day. Based in Madrid and Barcelona, the start-ups worked closely with industry experts and mentors at IAG, Iberia, Iberia Express and Vueling to develop and test their i... |
|05 February 2018||January 2018 – Group Traffic and Capacity Statistics |
|Group traffic in January, measured in Revenue Passenger Kilometres, increased by 3.2 per cent versus January 2017; Group capacity measured in Available Seat Kilometres rose by 2.8 per cent.
5 February 2018 STRATEGIC DEVELOPMENTS
Iberia and its subsidiary Iberia Express were the world's most punctual airlines in 2017, according to the latest ranking published by FlightStats. For the second year running, Iberia led the ranking for major global airlines with 88.97 per cent of its... |
|05 February 2018||Break-Up Heathrow monopoly to cut costs|
|Heathrow’s monopoly should be broken-up with the ability for terminals to be run by third parties, creating competition and lower costs for customers, says International Airlines Group (IAG). In a submission to the Civil Aviation Authority (CAA), IAG says that Heathrow’s expansion provides a great opportunity for independent companies to design, build and run commercial facilities like terminals. Competition would provide better facilities more economically and ensure customer charges d... |
|29 January 2018||Government urged to end 10 year Chinese Visa Delay |
|International Airlines Group (IAG) is urging the Prime Minister to fulfill the Government’s promise to introduce a new 10 year visa for Chinese visitors that it made over two years ago. With Theresa May visiting China in late January, IAG is questioning why no progress has been made on the visa trial which was announced during the Chinese state visit to the UK in October 2015. In a letter to the Home Secretary, Willie Walsh, IAG chief executive, said: “We need a step change on China. We ... |
|04 January 2018||December 2017 – Group Traffic and Capacity Statistics |
|Group traffic in December, measured in Revenue Passenger Kilometres, increased by 6.1 per cent versus December 2016; Group capacity measured in Available Seat Kilometres rose by 4.0 per cent. Group premium traffic for the month of December increased by 3.9 per cent compared to the previous year.4 January 2018 STRATEGIC DEVELOPMENTS
On 8 December, British Airways launched a flexible benefits scheme incorporating a new defined contribution pension scheme, following consultation wit... |
|02 January 2018||International Airlines Group to Buy NIKI Assets |
International Airlines Group (IAG) is to buy assets of the Austrian airline NIKI, which was formerly part of the Air Berlin group, for €20 million and provide liquidity to NIKI of up to €16.5 million. The transaction is being made by a newly formed subsidiary of Vueling which will be incorporated as an Austrian company and run initially as a separate operation. It is subject to customary closing conditions such as the EC competition approval. The assets include up to 15 A320 family air... |