International Airlines Group
Anglo-Spanish multinational airline holding company
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International Consolidated Airlines Group S.A., trading as International Airlines Group and usually shortened to IAG, is an Anglo-Spanish multinational airline holding company with its registered office in Madrid, Spain, and its corporate headquarters in London, England. It was formed in January 2011 after a merger agreement between British Airways and Iberia, the flag carriers of the United Kingdom and Spain respectively, when British Airways and Iberia became wholly owned subsidiaries of IAG. British Airways shareholders were given 55% of the shares in the new company.
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BA owner returns to profitability but blames Heathrow for 'operational challenges'British Airways owner IAG has returned to quarterly profitability for the first time since the coronavirus pandemic, but has blamed Heathrow for its current "operational challenges".Sky News - Published |
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