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Qatar Airways, IAG announce new JV agreementQatar Airways and British Airways’ parent company, International Airlines Group (IAG), have announced a joint business agreement that will come into effect on October 30, 2016. The joint business will benefit customers by of More… |
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Qatar Airways lifts stake in BA-owner IAG to 20pcQatar Airways lifted its stake in British Airways-owner IAG by about 4.34 per cent to 20 per cent but said on Monday that was its limit, buying shares worth about GBP375 million ($496.61 million) on what it called an attractive buying opportunit More… |
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Qatar Airways boosts stake in BA ownerQatar Airways said on Tuesday it had raised its stake in the British Airways-owner, International Consolidated Airlines Group (IAG), to 15.01 per cent and said it may consider acquiring more of the firm over time. In April, the fi More… |
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Qatar Airways raises IAG stake to under 12pcQatar Airways has raised its stake in British Airways owner International Airlines Group (IAG) to under 12 percent from 9.99 percent, chief executive Akbar Al-Baker said on Wednesday, without specifying the exact size of its holding or when it h More… |
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IAG launches armoured vehicle manufacturing facility in RAKInternational Armored Group (IAG), a globally recognised manufacturer of customised and premium armoured vehicles, armoured components and ballistic glass, has launched its new manufacturing facility in Ras Al Khaimah, UAE. More… |
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IAG bid for Aer Lingus unlikely to win EU approvalBritish Airways-owner IAG may have to offer concessions after EU anti-trust regulators expressed concerns over a planned acquisition of 25 per cent of Ireland's Aer Lingus, two people familiar with the matter said. IAG is look More… |
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Irish govt to sell 25pc Aer Lingus stake to to IAGThe Irish government agreed on Tuesday to sell its 25 per cent stake in Aer Lingus to IAG, paving the way for the owner of British Airways and Iberia to make a formal bid for the Irish carrier. International Consolidated Airlines More… |
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British Airways-owner IAG swings to profit in weaker seasonBritish Airways-owner IAG reported a quarterly profit, swinging into the black from a seasonal loss for the first time, helped by lower fuel costs and an improvement in performance across its three airlines. The airline group, which is More… |
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British Airways, Air France face heat from stronger dollarBritish Airways-owner IAG swung to a profit for the first time in its seasonally weakest first quarter, but warned a stronger dollar would hold it back this quarter, echoing a warning from rival Air France-KLM. Both airlines saw l More… |
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Air Berlin ends membership with European trade bodyGerman airline Air Berlin, part-owned by Abu Dhabi's Etihad Airways, has ended its membership of European trade group AEA, citing what it said were its protectionist policies. The move comes only days after a similar move by British More… |
