Articles tagged “iag”

British Airways Parent Places New Restrictions on Non-EU Shareholders

British Airways Parent Places New Restrictions on Non-EU Shareholders

Irene García Pérez , Bloomberg

The UK's departure from the European Union still isn't sorted yet, which means companies like IAG are putting contingency plans in place.

1 month ago

British Airways Takes Tough Line With Unions Amid Brexit Uncertainty

British Airways Takes Tough Line With Unions Amid Brexit Uncertainty

Benjamin Katz, Bloomberg

Britain's flagship carrier is refusing to offer its staff a standard three-year accord. It's proposing only a one-year deal due to uncertainty about Brexit. While unions dislike the move, British Airways does need to manage the risks of the UK's planned exit from the European Union in March.

2 months ago

Qatar Airways Still Considering Its Oneworld Future

Qatar Airways Still Considering Its Oneworld Future

Patrick Whyte, Skift

Oneworld might have a shiny new brand identity but it should probably spend its time now trying to smooth things over with one of its key airline members.

2 months ago

Norwegian Air Raises $353 Million to Keep Flying

Norwegian Air Raises $353 Million to Keep Flying

Irene García Pérez and Christopher Jasper , Bloomberg

Things don't seem to be getting any better for Norwegian. The money raised will keep it going for now, but any potential buyers will be keeping an eye on how its plan for profitable growth turns out.

2 months ago

British Airways Rules Out Further Norwegian Offer

British Airways Rules Out Further Norwegian Offer

Patrick Whyte, Skift

Is this the end of the story? We're willing to bet that this one still has more twists and turns to come.

2 months ago

Post-Brexit Ownership Rules Could Put British Airways Owner Under New Scrutiny

Post-Brexit Ownership Rules Could Put British Airways Owner Under New Scrutiny

Patrick Whyte, Skift

IAG's outspoken CEO Willie Walsh has always been confident about post-Brexit flying rights — unlike some other airline bosses. The problem is the European Union seems to have other ideas.

3 months ago

Struggling Norwegian Thinks It Is in Better Shape for 2019

Struggling Norwegian Thinks It Is in Better Shape for 2019

Patrick Whyte, Skift

From the sounds of it, Norwegian's next earnings update won't be pretty but it will be hoping that it has done enough cost-cutting to put it on a sounder footing in 2019.

3 months ago

Qatar Airways Buys 5 Percent Stake in China Southern

Qatar Airways Buys 5 Percent Stake in China Southern

Bloomberg

Qatar Airways looks like it will continue with its airline investment strategy over the course of 2019. We should expect similar announcements during the coming months.

3 months ago

Europe’s Airlines Approaching U.S.-Like Levels of Profitability

Europe’s Airlines Approaching U.S.-Like Levels of Profitability

Jay Shabat, Skift Airline Weekly

Europe’s airline sector is a mix of thriving and struggling carriers. It’s also a mix of welcome developments, like booming transatlantic demand, and very unwelcome ones, like severe air traffic control delays.

3 months ago

Norwegian Air Says It Has Enough Cash to Get by in Slower Winter Months

Norwegian Air Says It Has Enough Cash to Get by in Slower Winter Months

Andrew Noël , Bloomberg

Struggling Norwegian Air continues to assure investors while mapping out its future. One thing is nearly certain, 2019 will bring changes to the once, high-flying industry disrupter.

3 months ago

British Airways Owner Hasn’t Quite Given Up Hope on Landing Norwegian

British Airways Owner Hasn’t Quite Given Up Hope on Landing Norwegian

Patrick Whyte, Skift

Willie Walsh loves a deal and it sounds like he is still keen. If Norwegian can sort out a cash injection, then a potential acquisition is even more attractive.

5 months ago

Aer Lingus Taps New CEO From Within Parent IAG

Aer Lingus Taps New CEO From Within Parent IAG

Patrick Whyte, Skift

Stephen Kavanagh is staying on for a couple more months and will then serve as a non-executive director, both of which imply an amicable decision. New CEO Sean Doyle inherits an airline in decent financial shape but one that has its fair share of competitive challenges.

6 months ago