Articles tagged “International Airlines Group”

Can Norwegian Air Survive?

Can Norwegian Air Survive?

Brian Sumers, Skift

We suspect Norwegian Air, which is in weaker financial shape than most passengers might expect, will survive 2019. But the first quarter will be an important harbinger of things to come. It's always a rough period for European airlines because leisure demand is slow.

2 weeks ago

Labor Wants a Bigger Slice of British Airways’ Profits

Labor Wants a Bigger Slice of British Airways’ Profits

Benjamin Katz and Ellen Milligan, Bloomberg

By many accounts, International Airlines Group, owner of British Airways, is the most successful airline company in Europe. It's no surprise British Airways employees want a piece of the profits. But the parent company always keeps a close eye on costs, so it will be interesting to see what British Airways offers.

2 months ago

British Airways May No Longer Want More Superjumbo Jets

British Airways May No Longer Want More Superjumbo Jets

Benjamin Katz, Bloomberg

British Airways is one of the only airlines in the world that might want to take more Airbus A380s, if the price is right. Considering the narrow market, Airbus may have to make British Airways an offer it can't refuse. Otherwise, the airline will look elsewhere for large jets.

8 months ago

British Airways’ Owner Thinks Strategically as It Mulls Buying Norwegian Air

British Airways’ Owner Thinks Strategically as It Mulls Buying Norwegian Air

Chris Hughes, Bloomberg

International Airlines Group eventually may acquire Norwegian Air. Suffering Norwegian Air stockholders might prefer a quick deal, but Norwegian's CEO owns roughly 26 percent of the company, and he's not quite willing to let go yet. But that stance may not last forever.

8 months ago

Investors Are Giving Up on Gogo Even as Airlines Add Wi-Fi

Investors Are Giving Up on Gogo Even as Airlines Add Wi-Fi

Brian Sumers, Skift

Poor Gogo. Its stock is getting pummeled in public markets, and there doesn't seem to be a lot of hope among investors. How will the company respond?

8 months ago

Why It Might Finally Be a Good Time to Own Norwegian Air Stock

Why It Might Finally Be a Good Time to Own Norwegian Air Stock

Chris Bryant, Bloomberg

A few months ago, Norwegian's stock was in rough shape, as the airline overextended itself and built up too much debt. That's still an issue, but shares are in much better shape thanks to an investment from IAG. CEO Bjorn Kjos, who controls a quarter of the airline's stock, is probably laughing all the way to the bank.

9 months ago

Lufthansa Group Overtakes British Airways Owner in Size

Lufthansa Group Overtakes British Airways Owner in Size

Richard Weiss, Bloomberg

It's nice for Lufthansa Group to be Europe's second-largest airline by traffic. It's even better that it carries more passengers than Ryanair. But we're guessing the airline company would prefer another moniker: Europe's most profitable carrier.

1 year ago

British Airways Owner IAG Labors to Raise Fares on North American Routes

British Airways Owner IAG Labors to Raise Fares on North American Routes

Benjamin Katz, Bloomberg

Perhaps it was not the best quarter for International Airlines Group, owner of Iberia, British Airways, Aer Lingus and Vueling. But it was still a profitable one, and the group is among the better-run airline companies in the world. It will be fine.

1 year ago

Air France Unveils Its New Millennial-Focused Airline Joon

Air France Unveils Its New Millennial-Focused Airline Joon

Brian Sumers, Skift

Air France might need a low-cost airline. That part makes sense. But why is it trying so hard to attract millennials? Just offer cheap fares and reasonable service, and young people will fly your airline.

1 year ago

Interview: Virgin Atlantic CEO on Loyalty and Low-Cost Competition

Interview: Virgin Atlantic CEO on Loyalty and Low-Cost Competition

Brian Sumers, Skift

Virgin Atlantic has a strong brand, but for years it has lagged far behind British Airways in most categories. The upstart has just been too small to be a bona fide competitor. But Virgin Atlantic is finally taking action to ensure it will be more nimble going forward.

1 year ago

Human Error Caused British Airways Computer System Failure

Human Error Caused British Airways Computer System Failure

Brian Sumers, Skift

We wish British Airways had explained what happened right away. But now that we know the situation, we understand why the airline gave little information after its late-May computer failure.

2 years ago

5 Essential Questions About IAG’s New Transatlantic Low-Cost Airline

5 Essential Questions About IAG’s New Transatlantic Low-Cost Airline

Brian Sumers, Skift

Is Level a legitimate attempt by International Airlines Group to build a long-haul, low-cost carrier? Or is it a "fighting brand" designed to make Norwegian Air's expansion more challenging? Time will tell.

2 years ago