Iberia

177 results

The British pound rose 0.7 per cent to $1.3187 (€1.16) – a new high for February, but under January’s peak of $1.3216. It was 0.7 per cent stronger against the euro, with a unit of the shared currency costing £0.8610, a level not seen since May, 2017.

Serling’s rally is gathering pace as the prospect of a delay to Brexit grows. Sterling climbed to a February high against the dollar and reached its (...)

Aer Lingus was acquired by the Willie Walsh-led IAG in 2015. Photograph: Frank Grealish

The European Union has given Aer Lingus and two related airlines in Spain a six-month deadline, in the event of a no-deal Brexit, in which to restruct(...)

Aer Lingus parent IAG said in a statement it would suspend the voting rights of any shares acquired by a relevant non-EU person and require the owner to sell the shares to a third party or to the airline group itself. Photograph: Brian Lawless/PA Wire

IAG, the owner of Aer Lingus, British Airways and Iberia airlines, said it would cap ownership of its shares by non-Europeans at the current 47.5 perc(...)

Willie Walsh, chief executive of IAG, began his career as a pilot with Aer Lingus.  Photograph: Nick Bradshaw/The Irish Times

Willie Walsh occasionally recounts how, when he was chief executive of Aer Lingus, he found the notes from the interview he did after applying to be a(...)

Brussels is to give airline groups a seven-month deadline to overhaul their shareholder make-up in order to retain full flying rights within the EU if Britain crashes out of the bloc without a deal next month. Photograph: Paul Hackett/Reuters

Brussels is to give airline groups such as Ryanair and IAG, owner of British Airways and Iberia, a seven-month deadline to overhaul their shareholder (...)

The motion from Aer Lingus, American Airlines, British Airways, Iberia and Finnair indicates a number of potential benefits arising from the Irish airline joining the venture

Aer Lingus has formally applied to join the transatlantic joint venture operated by its parent, IAG, and American Airlines in a move that could result(...)

IAG chief executive Willie Walsh: he  said the company would not enter a bidding war for Norwegian. Photograph: Niall Carson/PA Wire

Aer Lingus owner International Consolidated Airlines’ Group (IAG) plans to offload its 4 per cent stake in troubled carrier Norwegian Air Shuttle. IA(...)

A Government-commissioned report last year found there was no reason to delay building a third terminal at Dublin airport.

Dublin Airport does not need a third terminal according to Willie Walsh, chief executive of the group that owns Aer Lingus and British Airways. A Go(...)

A spokesman for Minister for Transport Shane Ross’s department said  the rules in force in Ireland covering the ownership and control of airlines were “not changing as a result of Brexit”. Photograph: Aidan Crawley/Bloomberg

The Commission for Aviation Regulation has said it is satisfied Aer Lingus, Ryanair and other Irish airlines will comply with EU rules on ownership an(...)

IAG chief executive Willie Walsh speaking at the Aviation Club UK event,  at the Stephen’s Green Hibernian Club in Dublin. Photograph: Nick Bradshaw for The Irish Times

Irish carrier Aer Lingus is the most profitable in a group that includes British Airways and Spain’s Iberia. Willie Walsh, chief executive of Aer Li(...)

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