The inaugural French flight on International Airlines Group’s long-haul, low-cost airline brand will arrive into Montreal at 21:30 with more than 300 passengers on board a new Airbus A330-200 aircraft.
International Airlines Group is to launch a new low-cost Austrian subsidiary, branded as Level, with flights from Vienna starting on July 17th. The new subsidiary will have an Austrian air operator certificate and will be a base for four Airbus A321 aircraft.
The board of Norwegian Air Shuttle has rejected two separate proposals from International Airlines Group in relation to an acquisition of 100 per cent of the share capital in the airline.
International Airlines Group has reported a first quarter operating profit of €280 million, before exceptional items. The figure is a sharp increase on last year, when the group reported profits of €160 million.
International Airlines Group has acquired a 4.61 per cent minority ownership position in Norwegian Air Shuttle. The group – which owns British Airways, Aer Lingus and Iberia – said it considers the low-cost airline to be an “attractive investment” opportunity.
International Airlines Group has reported pre-tax profits of €2.49 billion for the year ended December 31st, up 5.6 per cent on the figure of €2.36 billion recorded the year before.
The transport select committee should ensure the Civil Aviation Authority is given powers to force Heathrow Airport to introduce competition as it expands, International Airlines Group has argued.
International Airlines Group has warned the government air passenger duty undermines Britain’s position as a global trading nation post-Brexit and reduces the chance of its new long-haul, low-cost airline brand Level flying from UK regions.
The new Iberia flight will be the sole direct link between Europe and Nicaragua, which is becoming a popular adventure and cultural tourist destination, offering great beaches for sun and surfing, climbing in the country’s volcanoes and hills, as well as charming colonial cities like Granada, founded in 1524.
Following the opening of insolvency procedures for low-cost carrier Niki in Austria on Friday, International Airlines Group has confirmed it plans to continue with the acquisition of the assets of the stricken carrier.
International Airlines Group is to buy assets of the Austrian airline Niki, formerly part of the airberlin group. The deal is worth €20 million and will provide liquidity to Niki of up to €16.5 million.