Niki aircraft IAG 

IAG will buy Niki for 36 million euros

International Airlines Group reported in Vienna that it will acquire the Austrian airline. Yesterday, January 2, it was announced that IAG (International Airlines Group) will buy the airline Niki, after the latter declared bankruptcy last December. The IAG group, which also owns airlines such as British Airways, Vueling and Iberia, was the only one that maintained its offer for the acquisition of Niki. In this way, IAG will disburse some 20 million euros for Niki’s assets, which include 15 Airbus A320 aircraft and numerous airport slots in the cities of Vienna, Düsseldorf, Munich,…

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British Airways, member of IAG Aer Lingus British Airways IAG Iberia Level Vueling 

IAG earned 567 million euros in the first half of the year

International Airlines Group reported revenues in the first half of the year. The IAG group showed an increase of benefits of 2.3% in the first half of 2017, while revenues were 10.888 million euros, 0.9% more compared to the same period in 2016. Those 10.888 million, 9.575 million were revenue from tickets, 516 million for loads and 797 million for “other income”, such as maintenance and handling to third parties. In addition, the Group recorded an increase in the number of passengers carried, 48.806.000 (46.676.000 in the same period in…

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Level Aircraft IAG Level 

IAG buys 3 aircraft for the Level fleet

Level will incorporate 3 new aircraft Airbus A330-200 The International Airlines Group has signed with Airbus the purchase of three Airbus A330-200 aircraft, which will be incorporated into the new low-cost airline Level. The first flights of the company have had good success, and these new aircraft will help to expand the fleet and offer higher frequencies and destinations.

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Aircrafts of British, IAG Aer Lingus British Airways IAG Iberia Vueling 

IAG earns more than 559 million euros in 2016

The air group IAG (International Airlines Group), formed by the airlines British Airways, Iberia, Iberia Express, Aer Lingus and Vueling has presented a report showing economic results during the year 2016. IAG group last year obtained a net profit of EUR 559.221 million, a growth of 35% compared to 2015, i.e. 117.288 million more. In his speech to shareholders, Antonio Vázquez, President of IAG, said, among other things, that “while our short-term results were particularly affected by the British referendum on the European Union and the consequent devaluation of the pound…

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