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The Latest Breaking News from IAG

‘The geography works in our favour for a transatlantic hub’ – Aer Lingus chief Lynne Embleton wants the airline to be a key bridge across the Atlantic

Aer Lingus needs to update the reading material in the lobby of its personnel building at Dublin Airport.

Irish Independent

Manchester United takeover: The big British names you might not know are owned by Qatar

"What does Qatar want from a foreign policy that has a mix of soft and hard power? And how did it become so important on the world stage?"

Manchester Evening News

easyJet and British Airways warning as customers to be refunded

Millions of pounds worth of vouchers are yet to be claimed from easyJet and BA

Liverpool Echo

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Airlines still have millions of unclaimed travel vouchers issued during Covid-19 pandemic

Customers were encouraged to take vouchers rather than refunds when flights were cancelled - but many are yet to use them

Wales Online

‘Travellers expect a clean and functioning Dublin Airport,’ says Aer Lingus chief

Aer Lingus chief executive Lynne Embleton says charges at Dublin Airport don't need to rise and insisted passengers should be able to expect "a clean and a functioning" airport despite the DAA saying it needs more money to provide a better service.

Irish Independent

Global stocks tumble after US figures show taming inflation ‘far from over’

Global markets have taken a turn for the worse after new figures revealed US inflation unexpectedly ticked up last month, stamping out hopes of the Fed ending its cycle of interest rate hikes.

Irish Independent

British Airways parent IAG flies back into annual profit

London (AFP) - IAG, owner of British Airways and Spanish carrier Iberia, announced Friday a return to profit in 2022 as the global aviation sector reopened from Covid lockdowns.

AFP

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Aer Lingus posts €45m profit as travel surges

AER Lingus staged a strong recovery last year, posting a €45m operating profit as revenues surged on the back of a return of passenger travel following the pandemic.

Irish Independent

Aer Lingus bounces back with strong operating performance

Aer Lingus recorded an operating profit of €45m last year in a dramatic turnaround from 2021, when it made significant losses.

Irish Independent

BA owner ‘worried’ over Heathrow’s readiness for summer

IAG returns to profit, making £1.1bn in 2022, as travel industry bounces back from Covid

The Guardian - UK

British Airways owner IAG set to rebound to profit

British Airways’ parent company is set to return to profit for the past year as it continues its turbulent recovery.

Irish Independent

ASX eases amid interest rate uncertainty, Star plunges on $1.6 billion write-down threat — as it happened

The ASX ends lower on a raft of mixed earnings reports from JB Hi-Fi, Aurizon, IAG, Endeavour and others, while casino operator Star plunges on a write-down warning.

ABC News

The four-wheeled submarines of Auckland

Someone left the Swift out in the rain - insurance agents are overloaded with calls about flood-damaged vehicles

Newsroom.co.nz

What’s eating Michael O’Leary? Profits are booming, passengers are flocking but all the Ryanair boss can talk about is ‘black swans’

Michael O’Leary seems to be in characteristically bullish form. And why wouldn’t he be? Ryanair continues to defy the gravitational pull that weighs heavily on the rest of the sector.

Irish Independent

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ABC News

ASX slips ahead of US, British and European rate hikes, Rio Tinto apologises after radioactive capsule lost in WA

Rio Tinto's iron ore division chief Simon Trott has apologised and says the company is taking the lost radioactive capsule in WA "very seriously", while the Australian share market slips from its nine-month high ahead of a busy week.

Irish Independent

European planes won’t be back in Russian airspace until Russia loses war, top EU official says

A top EU official has said that any reopening of Russian airspace to European aircraft will only happen when Russia loses the war in Ukraine.

Irish Independent

Emerald Airlines names Keith Butler as CEO

EMERALD Airlines, the operator of the Aer Lingus Regional franchise, has named Keith Butler as chief executive officer. He’ll assume the role in March.

Irish Independent

FTSE 100 closes at four-year high as investors buoyed by China reopening

The FTSE 100 closed at a more than four-year high on Monday as it continued to build on a the strong winning streak since the beginning of the year.

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Irish Independent

The aviation year in review: Air-travel demand recovers, but leasing sector was disrupted by Russia's invasion of Ukraine

Russia’s invasion of Ukraine in late February stunned the world.

Irish Independent

World’s airlines to fly back to into profit next year, says Iata

The world’s airlines will move back into profitability next year – the first time since 2019 that the sector as a whole will be making money, according to the International Air Transport Association (Iata).

Birmingham Post

Teesside's Nova Pangaea Technologies secures investment from British Airways parent IAG

The clean tech firm's latest deal follows recent £5.2m investment from a group of backers

The Guardian - AU

Climate crisis will bring more and worse tropical cyclones to Australia’s east coast, study predicts

Research conducted jointly by IAG insurer and the US National Center for Atmospheric Research warns of ‘rapidly increasing risk’ from severe storms

Daily Mirror

British Airways owners IAG airlines could 'takeover' budget airlines like easyJet

EasyJet and Portuguese airline TAP are two companies that might be being eyed up by International Consolidated Airlines Group, which owns British Airways, Iberia, Aer Lingus and Vueling

The Guardian - UK

BA owner raises profit forecasts as airline revenues return to pre-Covid levels

IAG says leisure holidays main driver of resurgence while business travel continues to recover

Evening Standard

British Airways owner IAG boosts profits despite Heathrow chaos

It comes as Heathrow explores a passenger cap to prevent fresh chaos at the airport on peak days in the run-up to Christmas

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