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IAG beats second-quarter profit estimates

Aer Lingus and British Airways owner IAG today reported better than expected second-quarter earnings, helped by strong demand for its transatlantic routes despite fears of knock-on effects from US President Donald Trump's tariff war.

Business • 01 Aug

Aer Lingus has reported an operating loss of €55m for the first quarter of 2025 - the weakest quarter of the year

Aer Lingus CEO says no drop-off in passengers to US

Aer Lingus chief executive Lynne Embleton has said the airline is not seeing a drop-off in passengers travelling from Ireland to the US, despite recent figures showing a reduction in Irish residents visiting the US.

Business • 09 May

British Airways owner IAG said it was seeing resilient demand across its markets despite macroeconomic uncertainty

IAG almost triples first-quarter operating profits

Aer Lingus and British Airways owner IAG said today that it will place an order for 53 new Airbus and Boeing long-haul aircraft.

Business • 09 May

IAG scrapped a deal to buy Air Europa last year after it could not convince EU competition regulators that its proposed remedies were enough

IAG will consider selling 20% stake in Air Europa - CEO

Aer Lingus and British Airways-owner IAG will consider selling its 20% stake in Air Europa as the Spanish airline's owner continues talks with Air France-KLM and Lufthansa to sell a stake in the company, IAG's CEO told Reuters.

Business • 27 Mar

Aer Lingus operating profits fall due to pilots' strike

Aer Lingus has reported operating profits of €205m for the year to the end of December, down from the €225m reported the previous year.

Business • 28 Feb

IAG has today reporting adjusted operating profit of €4.44 billion

IAG's annual earnings beat expectations

Aer Lingus and British Airways owner IAG has launched a €1 billion share buyback plan after it reported a 27% jump in annual operating profit, beating market expectations.

Business • 28 Feb

Air Europa is 20% owned by Aer Lingus and British Airways-parent IAG

Lufthansa in talks with Air Europa to buy stake - sources

German airline group Lufthansa is in talks with Spanish carrier Air Europa about the possibility of acquiring a minority stake, according to two sources with knowledge of the talks.

Business • 28 Jan

Europe's major airline executives are hoping the Portuguese government will start formal talks soon on the sale of either a minority or majority stake in its national carrier TAP

Aer Lingus owner IAG tipped as frontrunner in TAP sale

Aer Lingus-owner IAG is likely to be a frontrunner to buy a stake in Portuguese carrier TAP, valued at about $1 billion, bankers and analysts said, marking the next phase in consolidation of the European market.

Business • 23 Jan

BA has already cut long-haul flights this year because of delays in the delivery of engines and parts from Rolls-Royce

BA makes additional schedule changes over engine issues

IAG-owned British Airways has had to make additional changes to its schedules over engine issues, it told Reuters today after several media outlets reported that it has cancelled summer flights from London's Heathrow to Abu Dhabi.

Business • 19 Dec 24

IAG dropped its plan in August to take over Air Europa after European anti-trust watchdog said the remedies offered by the airline group were not enough

Air Europa's owner confirms interest from Air France-KLM

Spanish airline Air Europa's owner Globalia said today there was an interest from Air France-KLM in potentially taking a stake in the airline.

Business • 27 Nov 24

Under the terms of the 10 year deal, Infinium will supply IAG with e-SAF to support its five airlines - Aer Lingus, British Airways, Iberia, LEVEL and Vueling

IAG agrees Sustainable Aviation Fuel deal with Infinium

Aer Lingus owner IAG has today announced a new Sustainable Aviation Fuel (SAF) purchase deal with e-SAF producer Infinium, which plans to supply power-to-liquid e-SAF from late 2026.

Business • 25 Nov 24

Aer Lingus said the industrial action at the airline had a direct impact of €55m over the second and third quarters

Aer Lingus operating profits fall due to pilots strike

Aer Lingus has reported operating profits of €139m for the third quarter of 2024, down €57m from the same time last year.

Business • 08 Nov 24

Luis Gallego, the chief executive of IAG

IAG's shares climb after Air Europa deal ditched

Aer Lingus and British Airways owner IAG's shares rose more than 6% today, after the company's stronger than expected performance in the second quarter and its move to scrap a proposed takeover of Spanish airline Air Europa.

Business • 02 Aug 24

Vueling, which operates in Europe, Africa and the Middle East, has been connecting with some long-haul flights operated by Level and Iberia, also owned by IAG

IAG's Vueling sees record capacity on off-peak travel

IAG's Spanish low-cost airline Vueling is benefiting from off-peak season travel, helping it to break its own record last year of having airplanes full at 91% of their capacity as remote working changes travel habits.

Business • 23 Jul 24

IAG, which owns a 20% stake in Air Europa, is paying €400m to buy out remaining shares from Spanish tourism company Globalia

EU vets IAG rivals' ability to take on Air Europa routes

EU antitrust regulators are asking whether rivals proposed by Aer Lingus and British Airways owner IAG to take over some of Spanish airline Air Europa's routes are capable of operating them and competing with IAG, people familiar with the matter have said.

Business • 18 Jun 24

IAG, which also owns Spanish carrier Iberia, had faced a Monday deadline to offer concessions but the deadline has now been extended to June 24

More time for IAG to offer remedies on Air Europa deal

EU antitrust regulators have given British Airways-owner IAG more time to offer fresh remedies to ease their concerns about its bid for full control of Spain's Air Europa.

Business • 10 Jun 24

Aer Lingus pilots had been seeking at 23.8% pay increase

Aer Lingus loses out on second A321XLR over pilots row

Aer Lingus has lost the opportunity to secure a new Airbus A321XLR for a second time, because of the ongoing pilots pay dispute.

Business • 31 May 24

Lufthansa's bid to buy a stake in Italy's ITA Airways is set to be blocked by EU antitrust regulators, sources say

Lufthansa's ITA deal may face EU veto - sources

Lufthansa's bid to buy a stake in Italian peer ITA is set to be blocked by EU antitrust regulators unless there is a substantial improvement to remedies to address competition concerns, people with direct knowledge of the matter have said.

Business • 17 May 24

British Airways owner IAG has today reported better than expected Q1, with an operating profit of €68m

IAG's first quarter operating profit beats expectations

Aer Lingus and British Airways owner IAG has today beaten first quarter earnings expectations, helped by rising demand over the Easter holiday and said it was seeing strong summer bookings.

Business • 10 May 24

Aer Lingus CEO Lynne Embleton says the passenger cap at Dublin Airport is one of the biggest issues the airline is facing

Aer Lingus CEO wants urgent action on Dublin Airport cap

The chief executive of Aer Lingus has said there needs to be urgent action to resolve the passenger cap issue at Dublin Airport.

Business • 10 May 24

Aer Lingus owner IAG wants to buy Air Europa

EU has not sought feedback on IAG's Air Europa deal

Aer Lingus and British Airways owner IAG is set to get an EU antitrust warning about its bid to secure full control of Air Europa after its remedies failed to address EU antitrust concerns, people with direct knowledge of the matter said.

Business • 10 Apr 24

European airline CEOs say industry consolidation vital

More consolidation of Europe's airlines is necessary to keep the industry competitive, the CEOs of Aer Lingus and British Airways owner IAG and Ryanair said today.

Business • 20 Mar 24

Aer Lingus today announced an operating profit of €225m for 2023

Aer Lingus faces limited investment until pilot pay deal

The boss of Aer Lingus' parent, IAG, has warned it will be limiting investment in the airline until such time as an agreement is struck with pilots on a new pay deal.

Business • 29 Feb 24

BA owner IAG gives a positive outlook for 2024 on the back of sustained travel demand

IAG has positive 2024 outlook on sustained travel demand

Aer Lingus and British Airways owner IAG said today it had more than doubled its operating profit last year and gave a positive outlook for 2024 on the back of sustained travel demand.

Business • 29 Feb 24

US-based Twelve is to supply IAG with 785,000 tonnes of e-SAF - made from CO2, water and renewable energy

IAG agrees Sustainable Aviation Fuel deal with Twelve

Aer Lingus and British Airways owner IAG has today announced its largest Sustainable Aviation Fuel (SAF) purchase agreement to date, with e-SAF (power-to-liquid) producer Twelve.

Business • 28 Feb 24