Search results
Results from the WOW.Com Content Network
In August 2022, IAG converted a loan to Air Europa into a 20% shareholding. [45] On February 23, 2023, IAG announced completion of a deal to purchase the remaining 80% of Air Europa for 400 million Euros. [46] The European Commission, in January 2024, opened an in-depth investigation into proposed acquisition of Air Europa by IAG.
Shares in budget airline operator easyJet surged over 6% this Monday on reports that the group could be a takeover target for International Consolidated Airlines Group ().Speculation is mounting ...
On 14 December 2014, International Airlines Group (IAG), owner of British Airways, Iberia and Vueling, launched a €1 billion takeover-bid (€2.30 per-share) for Aer Lingus Group plc. The Aer Lingus Board rejected the offer on 16 December 2014, with Aer Lingus commenting that the offer was, "preliminary, highly conditional and non-binding".
This is a list of airline holding companies, that either own more than one airline or are the parent company of a single airline. A company or firm in which the holding company owns a significant portion of voting shares, usually 20–50% or a "minority of share ownership", is known as an associate company.
2010 - International Airlines Group (IAG) was formed by the merger of two airlines. Both carriers continued to operate under separate brand. As IAG. 2011 - Acquired British Midland International; 2012 - Acquired Vueling; 2015 - Acquired Aer Lingus; 2022 - Acquired 20% of Air Europa; Bulgaria Air. 2010 - Merged with Hemus Air kept the name ...
In January 2011, BA merged with Iberia, creating the International Airlines Group (IAG), a holding company registered in Madrid, Spain. IAG is the world's third-largest airline group in terms of annual revenue and the second-largest in Europe. It is listed on the London Stock Exchange and in the FTSE 100 Index.
The airline was acquired by Air Nostrum in 1998 and merged into its operations, at that time the airline had a fleet of CN- 235. [ 100 ] Iberia was a founding partner in the computerised air ticket reservation system, Amadeus , with an 18.28% stake . [ 101 ]
Level was established by IAG in response to increased competition in the low-cost long-haul market, including that of Norwegian Long Haul.On 15 March 2017, IAG CEO Willie Walsh announced the new brand, together with four destinations launching in June 2017 from Barcelona–El Prat Airport (later renamed after Josep Tarradellas in 2019).