International Consolidated Airlines Group SA

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Earnings data Q1 2024

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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.

Thousands of British Airways staff will be sent letters telling them they have lost their jobs on Friday, as the airline pushes ahead with a plan to cut employee numbers by 29% in the face of bitter opposition from unions.

Thousands of BA staff to lose jobs as airline pushes ahead with cuts

British Airways said on Friday it was making progress with its plan to cut 12,000 jobs to help it shrink as a result of the pandemic, with more than 6,000 employees deciding to take voluntary redundancy.

British Airways makes progress with job cuts

IAMGOLD Corporation (IAG) CEO Gord Stothart on Q2 2020 Results - Earnings Call Transcript

International Consolidated Airlines Group, S.A. (ICAGY) CEO Willie Walsh on Q2 2020 Results - Earnings Call Transcript

British Airways pilots have accepted a deal that will temporarily cut pay by 20% and eliminate more than 200 jobs, the pilots' union said on Friday.

British Airways pilots accept pay cuts, job losses negotiated by union

British Airways is expected to resume flights to Russia on Aug. 2, Russia's Federal Air Transport Agency said on Friday, as Russia plans to restart some regular international flights on Saturday.

British Airways to resume flights to Russia on August 2: Russian transport agency

British Airways owner IAG plans to raise 2.75 billion euros ($3.27 billion/£2.48 billion) from shareholders to repair the coronavirus-sized hole in its finances and brace for a more chaotic future.

BA owner IAG to raise $3.3 billion to ride out COVID crisis

The capital raise proposed by British Airways-owner IAG will give the airlines group "a very comfortable buffer", said its chief executive, who added that he would not be extending his tenure again.

IAG CEO says will have comfortable buffer, sticks to September 8 retirement

NEW YORK, July 27, 2020 /PRNewswire/ -- Fareportal, the travel technology company that powers CheapOair and OneTravel has joined forces with British Airways to launch a New Distribution Capability that will bring customers a personalized travel experience. "Our partnership with British.

Fareportal Teams Up with British Airways to Bring Customers a Better Booking Experience

EasyJet and British Airways told customers on Saturday they did not plan to cancel flights over the coming days, after Britain's government advised against all non-essential travel to mainland Spain due to COVID-19.

EasyJet and British Airways plan to continue UK-Spain flights

British Airways owner International Airlines Group IAG, -4.12% said it's considering selling €2.75 billion ($3.2 billion) of stock.

International Airlines Group weighs $3.2 billion stock sale

British Airways owner IAG is set to issue shares at the end of the summer in a bid to raise up to 2.5 billion euros ($2.88 billion) to keep the business afloat and avoid a government bailout, several sources said.

British Airways owner to raise up to 2.5 billion euros with share issue: sources

American Express

British Airways owner International Airlines Group on Friday said it had signed a multi-year renewal agreement with American Express , extending its worldwide commercial partnership with the payments company.

British Airways owner IAG extends partnership with American Express

British Airways' decision to immediately chop all 31 Boeing 747-400 jumbo jets from its fleet represents a sizable loss of future cargo capacity until the global economy returns to normal.

Will Shippers Miss The British Airways 747?

Even though the arrival of new generation airliners and the coronavirus pandemic are bad news for the iconic Boeing 747, the aircraft is still hugely important for cargo airlines.

The World’s Largest Boeing 747 Operators Now That British Airways Has Retired Its Fleet

Airlines are preparing for a lasting decline in how often businesses travel in a premium cabin. Particularly impacted is the 747, which British Airways in recent years turned into a quasi-business jet.

British Airways Bets Against Business Class With 747 Retirement

The news follows the recent retirement of 777 and 767 aircraft by other carriers.

British Airways to Retire All Boeing 747s 'With Immediate Effect'

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

Carnival

Deutsche Lufthansa AG

Ryanair Hlds

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.

News for International Consolidated Airlines Group SA Stock (ICAGY)