IBEX

Iberia grows more than IAG´s other airlines, while Brexit is debated

Iberia Grows More Than IAG’s Other Airlines, While Brexit Is Debated

The British/Spanish company carried 112.9 million passengers last year, an increase of +7.7% over 2017, and with a load factor of 88.3%, an increase of +0.7%. Iberia achieved a year on year increase in traffic of 11.7%. As well as Iberia (including Iberia express), two other airlines of the group, Aer Lingus and Vueling, contributed to this growth with a 9.8% increase in traffic, while British Airway’s traffic increased 3.3%.

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Santander could return to Venezuela through Julius Baer

Santander Can Return To Venezuela Through Julius Baer

The market is speculating that Banco Santander could return to business in Venezuela through the assets of Julius Baer. The Spanish bank has not operated in Venezuela since it sold its shares in Bank of Venezuela to the country’s government for 1.050 billion euros.