International Airlines Group, the company formed by the merger of British Airways and Iberia, has reported rising revenues and narrowing losses in its first set of results. The firm announced first-quarter losses of €47 million, which is down from the €273 million loss reported for the same period a year earlier. Although fuel costs have [...]

UK flag carrier British Airways announced this week that it would be doubling its weekly flights to and from Rio de Janeiro. The announcement came via Neil Cottrell, the company’s head of network planning, who said that the expansion comes as a result of a “real increase” in the demand for Rio flights. He added [...]

International Airlines Group has posted €90 million in pro-rata profits for the quarter leading up to the 31st of December. The results from newly formed company, which consists of British Airways and Spain’s Iberia, show a massive turnaround from the €130 million deficit seen during the same period just a year ago. The firm cites [...]

Since appointing Deutsche Bank to examine the strategic opportunities open to the airline, Virgin Atlantic has confirmed that it has been approached by a number of rivals keen to discuss the possibility of an alliance. A spokesman for the carrier said it was too soon to comment on any details and refused to reveal any [...]

The threat of strike action next month by British Airways’ cabin crew seems not to have fazed the airline’s chief executive Willie Walsh as he sealed the deal for a merger with Spanish carrier Iberia. Mr Walsh said BA had in place adequate contingency plans for any industrial action and that these plans would minimise [...]

Shareholders of British Airways have approved a £5 billion merger with Spanish carrier Iberia whilst Unite has brought talk of new strikes to the table. General meetings both in London and Iberia’s hub of Madrid saw top executives work out deal specifics. Executives and shareholders have set into motion the plan in which the two [...]

Analysts say that Willie Walsh could announce tomorrow the first profit for British Airways in two years. The predictions come from a panel of analysts at Bloomberg, who say the carrier’s net income could be reported at £158.6 million for the three months leading up to the 30th of September, despite a loss the previous [...]

Amid the latest merger among global airlines, officials from British Airways, American Airlines and Iberia say their own deal will bring lower fares, more flight choices and simplified connections to passengers. The news comes from London where the carriers’ chief executives joined together to give their nod to the launch of the partnership. Last week [...]

American Airlines has said it will be recalling 800 employees to duty as it increases services to its long-haul destinations. The jobs were announced by the airline’s chief executive, Gerard Arpey, as he told a London news conference about American’s tie-up with British Airways and Iberia on transatlantic routes. The airline is also in talks [...]

Following its approval last week of a merger between British Airways and Iberia, the Spanish flag-carrier has appointed its chairman, Antonio Vasquez, to the same position at International Airlines Group (IAG), the new airline to be formed by the partnership. IAG is to be 44 per cent owned by investors in Iberia and the other [...]