International Airlines Group (IAG), parent of British Airways, has announced a significant fleet modernization with $21 billion in aircraft orders, including 32 Boeing 787-10s for $13 billion and 21 Airbus A330-900neos for $8 billion. This move enhances IAG’s operations across …
A power outage at London-Heathrow Airport, triggered by a fire at the North Hyde Substation on March 20, 2025, has resulted in a €50 million loss for International Airlines Group (IAG), British Airways’ parent company. The fire damaged supergrid transformers, …
International Airlines Group (IAG) has announced a significant order for up to 76 new aircraft from Boeing and Airbus, aiming to modernize its long-haul fleet. Scheduled for delivery between 2028 and 2033, the order includes 32 Boeing 787-10s for British …
International Airlines Group (IAG), parent company of British Airways, is expected to report a 15% rise in annual profits, reaching $4.3 billion, driven by increased travel demand and lower fuel costs. Scheduled for February 28, the report will highlight an …
Lufthansa’s acquisition of ITA Airways has intensified interest in the upcoming sale of a stake in TAP Air Portugal, valued at approximately $1 billion. Analysts highlight the International Airline Group (IAG) as the frontrunner to acquire TAP, which would enhance …
International Airlines Group (IAG), the parent company of British Airways and Iberia, reported strong third-quarter pre-tax profits exceeding €2 billion ($2.1 billion) for Q3 2024, a 15.4% increase from the previous year. Total revenue rose to €9.33 billion ($10.1 billion), …
