IAG Investor Relations

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International Airlines Group (IAG) Fundamentals


International Consolidated Airlines Group, S.A., also known as International Airlines Group, is the name of an Anglo-Spanish holding company formed on 8 April 2010 as a result of the proposed merger between British Airways and Iberia.


The new company will be the third largest airline holding company in the world by revenue,with 419 aircraft transporting passengers between 200 destinations.The new company will carry over 62 million passengers per year, according to British Airways executives.Both airlines will, however, continue to operate under their current brand names. British Airways shareholders will take a 55% stake in the new company, while Iberia shareholders will own the remaining 45% stake.

Increase of equity stake in IAG

1 August 2016

Doha, Qatar - On 12th July 2016 Qatar Airways announced that it held a 15.67% shareholding in IAG and reiterated that it may consider increasing its stake further within the allowable limits. Non-EU shareholders of IAG including Qatar Airways are subject to an overall cap on non-EU ownership as a result of the requirement for EU airlines to be majority owned by EU shareholders.

As of 28 July, Qatar Airways is pleased to announce that it now holds 20.01% of IAG. While Qatar Airways' interest in IAG is purely financial, the increased shareholding reflects the strength of commercial and strategic ties between the companies and evidences the continued support for the ongoing strategy of IAG.

"The recent market valuation of one of the world's leading airline groups has provided what we believe is an attractive opportunity to increase our shareholding in IAG. We continue to be highly supportive of IAG's strategy and management team and we do not intend to increase our percentage shareholding further unless there are material changes to the current situation." said Akbar Al Baker, Group Chief Executive of Qatar Airways.

Beaufort Securities Buy 394.50 - - Reiterates

Deutsche Bank Buy 394.50 610.00 590.00 Reiterates

Barclays Capital Overweight 394.50 420.00 420.00 Reiterates

IAG passenger traffic mostly up in September

Airline group IAG released its group traffic and capacity statistics for September on Wednesday, with traffic - as measured in revenue passenger kilometres - up 4.8% year-on-year, while capacity in available seat kilometres rose by 5.6%.
The FTSE 100 firm said group premium traffic for the month increased by 8.4% on the previous year.
Broken down by airline, Vueling saw revenue passenger kilometres grow 8.9%, with available seat kilometres up 8.4% for the month.
Aer Lingus revenue passenger kilometres were up 11.3%, with available seat kilometres up 13.1% and cargo tonne kilometres down 16.7%.
Its Spanish arm Iberia saw revenue passenger kilometres increase 4.5% and available seat kilometres rise 4.7%, with cargo tonne kilometres improving 13.9%.
And at British Airways, revenue passenger kilometres were up 3.1%, available seat kilometres were 4.2% higher, and cargo tonne kilometres grew 6.1%.
The company’s board highlighted some of its strategic developments during the month, including the 28 September announcement that it entered a joint business agreement between British Airways and Qatar Airways which will start on October 30.
“It includes a revenue-sharing agreement between London and Doha and the joint business will allow the airlines to cooperate on scheduling and pricing.
“They will also codeshare on all non-stop flights operated between the UK and Doha and connecting services to destinations in the UK, continental Europe, Middle East, Asia and Africa.
“This will include British Airways' daily direct flights from London Heathrow to Doha.”
It also noted the 29 September announcement that British Airways is partnering with Marks & Spencer to offer customers on short-haul flights the option to purchase a premium food range on board.
“The new British Airways menu, which will replace the airline's current complimentary snacks, will be available in the economy cabin on short-haul and domestic flights from 2017.
“Additionally, customers will be able to pay with Avios via the BA app or with their Executive Club card.”

BA NAPS Pension Scheme Triennial Valuation

skinny:

Interesting reading but I don't think it can be why the sp spiked earlier. Any ideas why? I'm thinking a combination of broker upgrades, good-ish murmurs from Lufthansa and the passenger traffic.

But it was a 2:30pm spike, so somewhat specific. But I can't find out why.

BTW, I'm only a free subscriber. If you recognise my handle, I was on but left A :D V F N.

I haven't seen anything else to have caused the spike (US opening aside) - last broker update was yesterday and a reiteration of TP (530).

Guess it must be the pension RNS, then. A good news piece for shareholders and must be a big relief for instis holding IAG!

Thanks.

It gives a high degree of certainty - or lack of uncertainty.

I don't currently hold having sold @£4 a couple of weeks ago.

Skinny, I have seen a few of your links recently which don't seem to display correctly. Your post 393 here is a prime example. It seems to display the code but not the hyperlink.
EDIT...actually, looking at the element, they seem to be image links to ADVFN site!

oh right - yet another change - I'll post a different chart.

Unfortunately the earlier spike is incorrect - the spike occurred at 2:30.

Harry - can you see the chart in post 393 now?

Yes. You've tinkered with the code?

Saved the image and used a hosting site that is (currently) allowed - I'm considering throwing the towel in with proactive posts as most of the tools that I use have been withdrawn.

Post 49 of the PHNX thread now then!

"....as most of the tools that I use have been withdrawn"......or are now obsolete and have been consigned to history??? ;o)

I use IFRAME within my HTML on the traders, oil and tech threads - now disallowed and thus all now reduced to monologues.

I assume its possibly down to the recent hack - but what ever the reason, it takes away the ability to be creative and that for me is half the reason for those threads - particularly the oil and currency thread.

HTML5 Web Components. HTML Imports, part of the Web Components, allows to bundle HTML documents in other HTML documents. That includes HTML, CSS, JavaScript or anything else an .html file can contain.

Might be a few compatability issues but.......

Have a read http://webagility.com/posts/web-components-vs-iframes

Harry - I had a look a couple of weeks ago, but I'm not sure that I want to reinvent the wheel.

The code for the oil thread was pretty complex and had "evolved" - which means that I don't have a copy elsewhere.

The changes made by MAM have removed it all - with a bit of notice I may have been able to copy and modify it.

Harry - can you read post 30 here.

Yes. When you posted the originals, did they display correctly? Or did you not notice that they weren't displaying from the outset?