IAG


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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 to the Chinese companies Three Gorges and State Grid, it is the turn of the Portuguese flag carrier TAP. All the signs are that, if no unexpected events meddle the deal, the next TPA’s owner will be the British-Spanish airline IAG. According to the digital…


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IAG signs a pre-agreement to buy Lufthansa's UK subsidiary

As reported in El Mundo, the company resulting from the merger of British Airways and Iberia, IAG, has signed a preliminary agreement to buy the British subsidiary of Lufthansa BMI, the second largest airline at Heathrow airport, according to the company’s statement in the presentation of results, in which it earned €365 million up to September. If the deal goes through it will, says IAG’s chief executive Willie Walsh, “expand our…


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IAG signs a pre-agreement to buy Lufthansa’s UK subsidiary

As reported in El Mundo, the company resulting from the merger of British Airways and Iberia, IAG, has signed a preliminary agreement to buy the British subsidiary of Lufthansa BMI, the second largest airline at Heathrow airport, according to the company’s statement in the presentation of results, in which it earned €365 million up to September. If the deal goes through it will, says IAG’s chief executive Willie Walsh, “expand our…