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Articles tagged “iag”

Interview: IAG CEO on Protectionism, Low-Cost Competition and Passenger Experience

Interview: IAG CEO on Protectionism, Low-Cost Competition and Passenger Experience

Brian Sumers, Skift

Willie Walsh is not afraid to make decisions that anger employee unions and disappoint some passengers. That may seem like poor strategy, but it's a big part of the reason that International Airlines Group is in better shape than most of Europe's other airlines. Sometimes, an executive must make unpopular decisions to ensure the long-term success of a business.

2 weeks ago

British Airways Owner’s Revenue Growth Is Coming From a Surprising Place: Holidays

British Airways Owner’s Revenue Growth Is Coming From a Surprising Place: Holidays

Patrick Whyte, Skift

Over the years British Airways has quietly built up a substantial package holidays business and parent company IAG is reaping the benefits. Whether this can be replicated at other parts of the business, is another matter.

1 month ago

British Airways Owner Feels Profit Pinch From Weak Pound

British Airways Owner Feels Profit Pinch From Weak Pound

Benjamin Katz, Bloomberg

Even though IAG is still predicting a rise in full-year profits, its third quarter performance shows that it can't fully shield itself from the impact of Brexit. Still, given the current climate you'd expect its weaker rivals are looking on enviously.

1 month ago

EasyJet, IAG CEOs Say Market Overreacted to Brexit

EasyJet, IAG CEOs Say Market Overreacted to Brexit

Brian Sumers, Skift

Yes, Brexit is a big deal politically in the United Kingdom. But the decision should not affect the nation's airlines much.

3 months ago

Will Low-Cost Airlines Benefit From a Brexit-Induced Corporate Travel Slowdown?

Will Low-Cost Airlines Benefit From a Brexit-Induced Corporate Travel Slowdown?

Patrick Whyte, Skift

If the UK economy moves into recession, companies will look to slash their corporate travel budget. Full service carriers like British Airways are likely to take the bigger hit, which could benefit low-cost airlines like easyJet.

4 months ago

British Airways Owner Relying on Aer Lingus to Soften Brexit Blow

British Airways Owner Relying on Aer Lingus to Soften Brexit Blow

Brian Sumers, Skift

It looks like International Airlines Group knew it what it was doing last year when it acquired Aer Lingus.

4 months ago

Qatar Airways Again Raises Its Stake in British Airways Owner IAG

Qatar Airways Again Raises Its Stake in British Airways Owner IAG

Deena Kamel Yousef , Bloomberg

IAG stock is relatively cheap now so, it makes sense that Qatar Airways took this chance to add to its shares in the company.

4 months ago

British Airways Owner Says Brexit Won’t Spur Operational Changes

British Airways Owner Says Brexit Won’t Spur Operational Changes

Richard Weiss and Ryan Chilcote, Bloomberg

Willie Walsh sees a $2 billion shortfall because of fuel purchases in U.S. dollars as "very technical, mechanical." Ya, the Great Depression was merely a correction too.

5 months ago

EasyJet Says Brexit Will Spur ‘Consumer Uncertainty’

EasyJet Says Brexit Will Spur ‘Consumer Uncertainty’

Benjamin Katz, Bloomberg

Two of Great Britain's largest airline companies fear the Brexit will be bad for business, as passengers may cut back on travel.

5 months ago

Qatar Air CEO Is Happy With His Carrier’s Current Stake in British Airways’ Owner

Qatar Air CEO Is Happy With His Carrier’s Current Stake in British Airways’ Owner

Christopher Jasper, Bloomberg

If not for Europe's limits on foreign ownership, Qatar Airways and other gulf carriers would undoubtedly have an even larger presence across the continent.

6 months ago

Qatar Air Increases Its Stake in British Airways Owner IAG

Qatar Air Increases Its Stake in British Airways Owner IAG

Deena Kamel Yousef, Bloomberg

Until the Open Skies debacle gets resolved, Qatar Airways' stake in IAG, particularly for its North American routes, is its way to benefit from lucrative transatlantic routes.

7 months ago

British Airways to Grow Fleet After Profit Leap in 2015

British Airways to Grow Fleet After Profit Leap in 2015

Benjamin Katz, Bloomberg

BA is the envy of every European airline right now.

9 months ago