International Consolidated Airlines

Description

Founded in 2011 after a merger of British Airways and Iberia, International Consolidated Airlines Group S.A is a UK-based one of the largest airline holding company in Ireland, the UK and Spain enabling them to enhance their presence in the aviation market while retaining their individual brand’s operation. The group operates a fleet of 533 aircrafts in 279 destinations and carry over 118 million passengers every year. The group is registered in Spain and its shares are traded on the London Stock Exchange and Spanish Stock Exchange.

The company aims to become the world’s leading airline group by enhancing   sustainable value creation for its shareholders and other stake holders and employing exceptional talent. The group has leading position in London, Dubai, Barcelona and Madrid, with a major presence in South Atlantic, North Atlantic and Intra-Europe. The group operates through its brand portfolio that includes Aer Lingus, British Airways, Iberia, Level, Vueling and IAG platforms.

The Aer Lingus is the national airline of Ireland and serves the European and North Atlantic Market. Its fleet consists of the Airbus A330 and the A321LR. In 2020 it received the delivery of two A330-300 aircraft and two A321LR aircrafts. The British Airways is a global airline and the UK’s flag carrier which operates a global network from London, including the most comprehensive network between North America and Europe. It has fleet of 32 Boeing 787s aircrafts and took delivery of two more Boeing 787s aircraft to support its longhaul operation and has 10 aircrafts on order and It also has eight A350-1000 aircrafts. The Iberia airline is the largest Spanish airline and the leader between Latin American and Europe with nine Airbus A350-900s and 11 are on order for future delivery. The Level Airline is the group’s low-cost airline, which operated seven aircraft in 2020 with four in Barcelona and three in Paris. It corroborates with the group’s other operating companies such as Iberia and Vueling. The Vueling airline of the group is one of the Europe’s leading low-cost airline with special position in the Spanish, Italy and France Market. It owns 11 A320 aircrafts and has right to use 18 A321 and five A319 aircrafts. The IAG platform includes three more brands that are IAG Loyalty, IAG Cargo and IAG Global Business Services.