IAG, the group that owns airlines such as Iberia, British Airways or Vueling, lost a total of 6,923 million in 2020 Euros due to the collapse of air traffic as a result of the pandemic. In 2019, it had obtained a profit of 1,715 million euros, according to the group this Friday. The various restrictions […]
Tag: Iberia
The airline sector: “A recovery in Easter is difficult. It will be more towards summer”
Before the pandemic broke out, Javier Gándara had his office in the seat x of the flight x of Easyjet that was his turn that day. There were several per week. Today his office is a Zoom screen and he misses all those flights that he missed before. He is the general director in Spain […]
Iberia closes the purchase of Air Europa for 500 million
Iberia has finally signed the purchase of Air Europa more than a year after the announcement of the operation. It will finally be for 500 million euros, and not for the 1,000 initially agreed, according to Europa Press, which indicates that the operation will close today. Iberia, which belongs to the IAG group (which also […]
Barajas will not operate normally until tonight and Aena defends that “all available means” have been used
One week after the storm Filomena forced the closure of the Adolfo Suárez Madrid-Barajas Airport, This still does not work with total normality, although it already works at 90%. The aerodrome will not accept arrivals normally until eleven o’clock this Friday, as there is still a lot of snow and ice, according to Eurocontrol, an […]
Iberia collides with Sepi due to job adjustments after the purchase of Air Europa
2020 ends with what was promised was going to be the largest operation in the air sector of the year without closing. The Government, Air Europa and Iberia are negotiating the last fringes for the definitive purchase of the first one, from the Globalia tourism group, by Iberia, from the IAG group. Job cuts are […]
The Government insists that “Iberia will be able to continue flying” within the EU despite Brexit
Iberia you will be able to continue flying as an airline in European airspace following the UK’s departure from the EU. This was reiterated today by the Secretary of State for Commerce, Xiana MÃndez, after evaluating the trade agreement agreed between this country and the European Union. This was one of the most worrying issues […]
The Generalitat reinvents its airports to save them from the economic crisis
Without resigning itself to seeing how all Catalan airports are dangerously close to zero activity due to the effects of the coronavirus on global and regional air traffic, the Generalitat has promoted a series of measures to provide a second life to the airport facilities that it currently manages. The first one, the Lleida-Alguaire airport, […]
Sepi disembarks at Air Europa appointing two directors and negotiates the future CEO
The purchase of Air Europa by Iberia, after the rescue of the first, is taking shape. The airline owned by the Globalia group has formed a new board of directors, after receiving an injection of 475 million from the Government, through the strategic companies rescue fund managed by Sepi. Iberia’s condition to buy Air Europa […]
Spain also suspends its flights and the United Kingdom is isolated due to the new strain of coronavirus
At the end of last January, when the coronavirus was spreading across China but had not yet reached Europe, British Airways decided to suspend all its flights with the Asian country. It was the first airline to take this measure, which was to last until March. By then the virus had already roamed Europe, and […]
Ban on flights to the United Kingdom: third blow to the air sector in the middle of Christmas campaign
The decision of several countries to ban flights to the United Kingdom supposes the third great blow to the tourism sector, with the airlines, again, in the front line. The coup comes in the middle of the Christmas season, which is usually the busiest time after the summer, and with the airlines already in a […]