IAG to buy Air Europa for half the previously agreed price

IAG reinforced its leadership positions in its home markets of London, Madrid, Barcelona, Dublin and Rome with the addition of 48 new routes.

Our routes

The Group portfolio consists of unique operating companies, from full service longhaul to low-cost shorthaul carriers, each targeting specific customer needs and geographies.

Aer Lingus

During 2018, Aer Lingus continued to profitably grow its North American and European networks. Growth was focussed on its North American network, with new routes launched from Dublin to Philadelphia and Seattle.

British Airways

British Airways operates the most comprehensive network between Europe and North America. Following new route announcements to Pittsburgh and Charleston, soon they will serve 34 destinations, consolidating their position as the largest longhaul carrier into North America by points served. They had great success in opening routes to markets such as Austin, New Orleans and Nashville and will look for further opportunities in the US. As they develop the longhaul network further, their relationship with joint business partners will remain critical in offering customers better frequency and easier connections in the markets they serve. 2019 will see them launch new services to Islamabad and Osaka as we continue to expand their presence elsewhere in the world.

Find out more

Iberia

Iberia increased overall capacity by 7 per cent with expansion across its network. In longhaul it launched services to San Francisco. A major milestone was reached in its efforts to build a strategic alliance with LATAM, with the Chilean Free Competition Defence Court approving their proposed joint business. Iberia used Iberia Express to strengthen its network, adding four new destinations.

Find out more

LEVEL

The LEVEL brand was selected as the brand to launch IAG’s new shorthaul operations from Vienna, operating 14 shorthaul routes to a mix of European destinations including London, Paris, Barcelona, Ibiza, Milan, Larnaca and Dubrovnik. Longhaul LEVEL services also launched from Paris to the French Caribbean, Montreal and New York.

Find out more

Vueling

Vueling strengthened its positions in key markets by 3 points of market share in Barcelona and Spain-Canaries and 4 points in Spain-Balearics. We also maintained capacity discipline and flexibility to quickly adjust to future headwinds.

Find out more

Air Europa aircraft photo gallery:

Air Europa aircraft slide show: