All posts tagged "IAG"

  • News
    Aer Lingus Announces Major Long-Haul Expansion for 2016

    Aer Lingus has announced a major expansion of its transatlantic route offering for 2016 with three new...

  • News
    Aer Lingus Shares Sale to IAG Agreed by Cabinet

    The Irish Government has agreed to sell all but one of its shares in Aer Lingus to...

  • News
    Breaking News on Aer Lingus: 10-Year Guarantees

    Irish Travel Trade News has just learnt that IAG has today offered to guarantee Aer Lingus London Heathrow slots for 10 years’ exclusive use for Irish routes.    ITTN understands that the offer is conditional on the Fine Gael / Labour coalition guaranteeing that it will be in Government until 1st April 2025.

  • News
    Colm Barrington Spells It Out to Joint Committee

    After all the public handringing since December (genuine or otherwise) over the IAG bid for Aer Lingus by politicians, unions and others, Colm Barrington, Chairman of Aer Lingus, finally spelt out the facts of life from the airline’s point of view to the Oireachtas Joint Committee on Transport and Communications on Tuesday...

  • News
    IAG Offers Legally Binding Commitments on Aer Lingus

    IAG issued a statement on Aer Lingus yesterday, Monday 2nd February, in which it offered “legally binding commitments that go well beyond protections currently available to the Irish government”, but no reference was made to employment numbers.    The commitments would ensure that, unless there is explicit Irish government agreement, Aer Lingus’s 23...

  • News
    “Aer Lingus Deal Will Expand IAG‘s Long-Haul Connections” – Iberia CEO

    “I am confident that the deal will go through and that it will be good for us and Aer Lingus,” Luis Gallego, Iberia’s Chief Executive, said last week in Madrid when he met Irish travel media attending FITUR with Gonzalo Ceballos, Director, Spanish Tourism Office.   “The Aer Lingus hub in Dublin,...

  • News
    Aer Lingus Board Indicates Willingness to Recommend IAG Offer

    IAG has indicated that it would only proceed with its third proposal to buy Aer Lingus for €2.55 per share with an indication from the Board of Aer Lingus that it would be willing to recommend the financial terms of the Revised Proposal. Having considered this request, the Board has indicated to...

  • News
    Aer Lingus Carried Over 11m Passengers in 2014

    Aer Lingus Group plc has announced its traffic statistics for the month of December and the full year 2014. For the first time Aer Lingus carried over 11 million passengers in a single year. The total number of passengers during 2014 was 11.1 million, including 1.312 million by Aer Lingus Regional. This...

  • News
    British Airways Will Move Dublin Flights to T5 at LHR

    British Airways will move its Dublin – London Heathrow flights to Terminal 5. Willie Walsh told Irish Travel Trade News that this was part of the airline’s future planning, as Terminal 1 is due for demolition in 2014. However, there are certain logistical challenges with a move to T5 , as more domestic gates...

  • News
    CAPA Conference – What Keeps Airline CEOs Awake at Night?

    What happens when you bring a gathering of airline chief executives together on a panel with the theme of ‘What keeps Airline CEOs awake at night?’? The quick answer is, probably, lots, such as the the dreaded 2.00am phone call in the middle of the night. There were some very frank answers at this session – but there...

  • News
    IAG Orders Another 18 Dreamliners for BA

    International Airlines Group has reached agreement with Boeing for new long-haul aircraft for the group’s fleet at a cost of €3 billion. IAG plans to convert 18 existing Boeing 787 Dreamliner options into firm orders for British Airways. They will be used to replace some of the airline’s B747-400 aircraft between 2017...

  • News
    Amadeus and IAG Sign New Long-term Content Agreement

    Amadeus has signed a new long-term content agreement with International Airlines Group. The agreement covers British Airways, Iberia, and Iberia Express. “Reaching a new content agreement with IAG has been a clear commercial priority for Amadeus for some time, in order to ensure that our subscribers can continue to access British Airways,...

  • News
    Iberia to Shed 3,800 Jobs

    Iberia has announced that, as part of its restructuring plan, it will implement 3,800 job cuts. The Spanish carrier is now owned by IAG, as is British Airways. Unions have announced a series of five-day strikes. The airline’s statement said: “This is part of Iberia’s transformation plan to introduce permanent structural changes across the airline to stem its losses, enabling it...

  • News
    IAG / Ryanair Agree Aer Lingus Heathrow Slots Deal

    British Airways’ parent company IAG has agreed to buy some of the Aer Lingus slots at London Heathrow from Ryanair if the low-cost airline’s takeover bid for Aer Lingus gets approval from Brussels. IAG has confirmed it has signed a non-binding memorandum of understanding with Ryanair that is subject to the go-ahead...

  • News
    IAG Sells BMI Regional for £8m

    IAG has sold BMI Regional to aviation consortium Sector Aviation Holdings for £8 million cash. 

The sale includes all bmi regional’s fixed assets and long-term liabilities, including owned and operating lease aircraft. 

If approved by the CAA, ownership is expected to be transferred to SAH within two weeks. IAG Chief Executive Willie...

  • News
    BA to Sell bmibaby and bmi Regional

    Following the acquisition of bmi by IAG from Lufthansa, British Airways is continuing discussions with potential buyers for bmibaby and bmi Regional and has stated that there could be up to 1,200 redundancies at bmi’s head office at Castle Donnington and at UK regional airports. The integration with BA would secure 1,500...