In a deep-dive look last month, Airline Weekly explained the magic of Aer Lingus, an Irish carrier bringing smiles to its parent company IAG. But Aer Lingus is far from the only thing going right at Europe’s most successful intercontinental airline group. On the contrary, IAG’s success cuts across its multiple airlines. In its own […]
Europe’s Four-Headed Monster: It’s oddly paying more for fuel this year than last, but IAG is A-OK
Something’s not right here. International Airlines Group, or IAG—the parent company of British Airways, Iberia, Aer Lingus and Vueling—is spending more money on fuel this year than last year. And that was true even in the third quarter alone, when every single other airline in the world that has reported—even those flying a lot more […]
Airline Weekly Lounge – Episode 14: IAG is A-OK
Whew! The busiest week of earnings season has us hustling. We kick off our around-the-world sprint with IAG, the airline group that is British Airways, Iberia, Vueling and more recently Aer Lingus. While IAG led Europe’s Big Three in profits, Lufthansa nonetheless posted its own all-time record, and Air France/KLM was no slouch. Still benefiting […]
The Airline Weekly Lounge: Episode 3 – European earnings picture–it’s complicated
With most European airlines having now reported second-quarter earnings, the picture is filling in. But it’s a mosaic—not a portrait. Some carriers did well. Some did lousy. One thing we learned from Ryanair and Wizz Air is that it’s good to be an ultra-low-cost carrier in Europe right now. As for the legacy carriers, it’s […]