IAG

Take-Off For IAG's Planned €2.74bn Coronavirus Capital Hike

Aer Lingus owner International Airlines Group (IAG) has launched a heavily discounted rights issue to raise €2.74 billion to help strengthen...

IAG Shareholders Back Plan To Raise €3.25bn In Equity As Walsh Steps Down

Shareholders backed Aer Lingus parent company International Airlines Group's (IAG) plan to raise €2.75 billion in equity at a virtual meeting on Tuesd...

Outgoing IAG CEO Hopeful Air Travel Will Return To Pre-COVID-19 Levels By 2023

The outgoing chief executive of International Airlines Group (IAG), Willie Walsh, is hopeful that air travel will return to pre-COVID-19-crisis levels...

Aer Lingus's Revenues Decline By Almost Two Thirds; Compulsory Job Cuts Could Be Necessary

According to Aer Lingus parent company International Airlines Group (IAG), the Irish airline's revenues declined by almost two thirds year-on-year dur...

Aer Lingus Owner Says It Has Exhausted Every Avenue To Shore Up Its Finances

Aer Lingus and British Airways owner International Airlines Group (IAG) has exhausted every avenue to shore up its finances and is burning throug...

IAG Shares Fall After Warning About Slow Recovery

Shares in International Airlines Group (IAG) fell 3% after it launched a plan to shrink its main British Airways business, axing staff numbers by...

Qatar Airways Spends $600m To Lift Its Stake In IAG To 25.1%

Qatar Airways has bought a $600 million stake in Aer Lingus-owner International Airlines Group (IAG) to increase its holding to 25.1%, strengthening i...

IAG CEO Willie Walsh To Step Down

It has been announced that International Airlines Group (IAG) CEO Willie Walsh will step down in June and hand the reins of the group to Luis Gallego, who...