International Airlines Group

International Consolidated Airlines Group S.A.
Company typeSociedad Anónima
BMAD: IAG
LSE: IAG
IBEX 35 component
FTSE 100 component
ISINES0177542018 Edit this on Wikidata
IndustryAviation
Predecessor
Founded21 January 2011; 13 years ago (2011-01-21)[1]
Headquarters
Area served
Worldwide
Key people
Services
RevenueIncrease €29.453 billion (2023)[2]
Increase €3.507 billion (2023)[2]
Increase €2.655 billion (2023)[2]
OwnerAs of May 2021:[3]
Number of employees
69,762 (2023)[2]
Subsidiaries
Websitewww.iairgroup.com

International Consolidated Airlines Group S.A., trading as International Airlines Group and usually shortened to IAG, is a British-Spanish multinational airline holding company with its registered office in Madrid, Spain, and its corporate headquarters in London, England.[4] It was formed in January 2011 after a merger agreement between British Airways and Iberia, the flag carriers of the United Kingdom and Spain respectively, when British Airways and Iberia became wholly owned subsidiaries of IAG. British Airways shareholders were given 55% of the shares in the new company.[5][6][7][8]

Since its creation, IAG has expanded its portfolio of operations and brands by purchasing other airlines – BMI (2011), Vueling (2012) and Aer Lingus (2015). The Group also owns the Level brand and Avios, the IAG rewards programme.

The company is listed on the London Stock Exchange and the Madrid Stock Exchange. It is a constituent of the FTSE 100 Index and IBEX 35 Index.

  1. ^ "IAG Profile". International Airlines Group. Archived from the original on 3 September 2015. Retrieved 1 August 2011.
  2. ^ a b c d "Annual Results 2023" (PDF). International Consolidated Airlines Group. Retrieved 29 February 2024.
  3. ^ "INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. (IAG) Shareholders". www.marketscreener.com. Retrieved 20 May 2021.
  4. ^ "IAG - International Airlines Group - About Us". Iairgroup.com. Retrieved 9 March 2018.
  5. ^ "British Airways and Iberia sign merger agreement". BBC News. 8 April 2010. Retrieved 9 March 2018.
  6. ^ Hollinger, Penny (12 January 2015). "IAG's successes at Iberia should give heart to Dublin". The Times. Retrieved 29 July 2016.
  7. ^ "International Airlines Group formed as BA signs merger with Iberia". IBTimes. 8 April 2010. Archived from the original on 3 November 2013. Retrieved 11 April 2010.
  8. ^ Vamburkar, Meenal (8 April 2010). "British Airways and Iberia agree on merger". New Statesman. UK. Archived from the original on 2 October 2015. Retrieved 11 April 2010.