Tag Archives: IAG

Ferran steps into role as IAG chairman | News

Ferran steps into role as IAG chairman | News

International Airlines Group has confirmed that Antonio Vazquez has retired as a director of the company and chairman of the board. As previously announced, Javier Ferran has succeeded him as chairman. Ferran said: “Antonio was instrumental in the creation and development of IAG and has led the board with integrity and rigour since the group’s […]

IAG reports huge losses for third quarter | News

IAG reports huge losses for third quarter | News

International Airlines Group has reported an operating loss of €1.3 million for the third quarter, down from a profit of €1.4 million for the same three months last year. Passenger capacity operated at the group was down 79 per cent over the period when compared to 2019. Over the first nine months of the year, […]

Gallego takes over leadership of IAG as Walsh departs | News

Gallego takes over leadership of IAG as Walsh departs | News

Luis Gallego has taken up the role of chief executive of International Airlines Group as Willie Walsh departs. Walsh had been expected to step down in the spring, but extended his tenure as the Covid-19 crisis engulfed the aviation sector. Gallego, who was previously chairman and chief executive of Iberia, stepped up earlier after the […]

Vázquez to step down as IAG chairman | News

Vázquez to step down as IAG chairman | News

The board of directors of International Airlines Group has approved the succession plan for its chairman, Antonio Vázquez. Having reached nine years in office last January, the maximum recommended in the UK corporate governance code, Vázquez will step down in January. In his place, the board has unanimously approved the appointment of independent director Javier […]

Collapse in traffic pushes IAG to second quarter loss | News

Collapse in traffic pushes IAG to second quarter loss | News

International Airlines Group has reported an operating loss of €1.3 billion before exceptional items for the second quarter, compared to a profit of €960 million last year. The group – which owns British Airways, Aer Lingus, Iberia and Vueling – said passenger traffic fell by 98 per cent during the period, when the Covid-19 outbreak […]

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