Tag #Iag

Showing 1 to 12 of 12 results

elpais.com
🌐 85% Global Worthiness
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IAG Group Capitalizes on Ryanair's Cutbacks in Spanish Regional Airports

Vueling, an IAG airline, is expanding its services in Santiago and Tenerife Norte airports following Ryanair's significant reduction of winter flights in Spanish regional airports, adding 160,000 seats and taking advantage of Ryanair's reduced presence.

Progress

52% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 85% Global Worthiness
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IAG Exceeds Profit Targets, Announces Major Aircraft Order

IAG, parent company of British Airways and Iberia, reported a €2.73 billion net profit in 2024, exceeding its 12%-15% operating margin target at 13.8% and announcing a supplementary dividend; the company also approved a multi-billion dollar aircraft order and a share buyback program.

Progress

48% Bias Score

Climate Action
elmundo.es
🌐 85% Global Worthiness
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Sánchez's Intervention in Air Europa Bailout

Prime Minister Pedro Sánchez personally intervened in Air Europa's 475 million euro bailout, rejecting IAG's offer due to post-Brexit concerns and aligning with the Hidalgo family's desire for state support; this led to an expedited bailout process and subsequent failed sale to IAG due to European C...

Progress

48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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IAG Q1 2024 Results: Revenue Up 9.6%, Operating Profit Soars 191.2%

IAG reported forecast-beating Q1 2024 results, with €7 billion in revenue (up 9.6%), €198 million operating profit (up 191.2%), and a net debt reduction of roughly €1.4 billion, driven by strong demand and lower fuel costs; the company also announced orders for 53 new aircraft.

Progress

44% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 75% Global Worthiness
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Iberia Express Faces Uncertain Future Amidst Pilot Contract Dispute

The breakdown of negotiations between Iberia Express and its pilots' union, UPPA, over contract changes has led IAG to explore alternatives such as creating a new low-cost airline or expanding collaboration with Air Nostrum, potentially jeopardizing Iberia Express's future.

Progress

44% Bias Score

Decent Work and Economic Growth
es.euronews.com
🌐 75% Global Worthiness
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IAG Leads Bid for \$1 Billion TAP Stake

IAG is the frontrunner to buy a \$1 billion stake in Portugal's TAP airline, outbidding Lufthansa and Air France-KLM; however, the deal faces regulatory hurdles and concerns about diluting TAP's Portuguese identity.

Progress

40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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IAG Q2 Beats Expectations Despite North American Slowdown

IAG's Q2 2024 revenue rose 6.8% to €8.86 billion, exceeding expectations, but concerns over a North American market slowdown, linked to US trade uncertainties, caused a share price pullback; however, management expects Q3 stabilization and positive medium-term prospects.

Progress

40% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 75% Global Worthiness
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IAG and Ryanair Join MSCI World Index

IAG and Ryanair were added to the MSCI World Index on May 30, 2024, boosting their liquidity and attracting investment; IAG's return follows a six-year absence due to Brexit-related protective measures.

Progress

40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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IAG Orders 53 Aircraft Amidst Record First-Quarter Profits

IAG, parent company of British Airways, ordered 53 new aircraft (21 Airbus A330-900neos and 32 Boeing 787-10s) for delivery between 2028 and 2033, fueled by a near tripling of its first-quarter 2025 operating profit to €198 million due to strong demand and lower fuel costs.

Progress

24% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Kretinsky's Royal Mail Acquisition Raises Concerns

Czech businessman Daniel Kretinsky is acquiring Royal Mail owner International Distribution Services (IDS) for £3.6 billion despite a failed similar attempt in the Netherlands involving PostNL; the deal raises concerns about service quality and financial stability.

Progress

68% Bias Score

Decent Work and Economic Growth
de.euronews.com
🌐 85% Global Worthiness
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IAG Frontrunner to Acquire \$1 Billion Stake in TAP Airline

International Airlines Group (IAG) is the frontrunner to purchase a \$1 billion stake in Portugal's TAP airline, aiming to consolidate the European airline industry and leverage TAP's strong Brazilian routes; however, regulatory hurdles and concerns about preserving TAP's Portuguese identity remain.

Progress

36% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 85% Global Worthiness
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Spanish Stock Market: 2024 Winners and Losers, and the Outlook for 2025

In 2024, the Spanish stock market showed strong performance, with IAG doubling in value and several banks achieving significant gains, while renewable energy and some other sectors experienced substantial losses; the outlook for 2025 is uncertain, depending on global economic conditions and company-...

Progress

44% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 12 results