IAG

IAG has bought 4.61% of Norwegian Air

IAG Could Make Full Bid For Norwegian Air

IAG has bought 4.61% of Norwegian Air. And according to Bloomberg, the Spanish airline could be considering making a bid for the whole company. IAG’s interest in the low cost long-distance segment (where Norwegian operates) is clear, given that it created an airline last year with these characteristics called Level.


Oil and airline industries' link

Betting on oil and airline stocks at the same time? Repsol, IAG good choices

Sonia Ruiz de Garibay (GVCGaesco) | Although a simultaneous investment recommendation for oil and airline stocks might seem a contradiction in terms, the fact they are both heavily influenced by oil prices gives them a very important element in common. Oil is an earning driver for the oil industry, while for the airlines sector it is an important costs’  element, accounting for over 20% of the total. Repsol and IAG are currently good bets.


Ryanair to partner with Air Europa

IAG could lose market share due to Air Europa-Ryanair agreement

Air Europa and Ryanair have formed an alliance under the terms of which the former will supply the latter’s long haul flights. Following the agreement, Ryanair’s website will sell the flights the Spanish airline offers from Madrid to 20 destinations in 16 countries in America. This is a market where Iberia is the traditional leader.


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Qatar Investment Authority secures majority stake in IAG

By Sean Duffy | MADRID | The announcement on Friday of the Qatar Investment Authority’s purchase of 9.99% of IAG is the latest flexing of financial muscle from the Gulf state. QIA continues to grow its portfolio in Europe, having already invested over €13bn in Spanish companies since the beginning of the crisis.



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IAG –TAP: a purchase is in the air

Portugal has taken its commitment to Europe very seriously, the rescue programme representing €78bn. So after the selling of the state-owned companies EdP and REN…