IAG combines leading airlines in Ireland, Spain and the UK such as Aer Lingus, British airways, Iberia, Level and Vueling.
It’s been a busy week for aviation news across the Middle East. On Wednesday, Qatar Airways Group increased its shareholding in International Consolidated Airlines Group (IAG) from 21.4% to 25.1%.
The powerful Lebanese group Hezbollah is working to remove obstacles to a deal on a new government which must be formed as soon as possible to avoid collapse, one of its top officials said on Thursday.
Brexit talks have made a "shocking" lack of progress which will hurt Britain's economy over the coming months, the chief executive of British Airways' owner, IAG, said in the company's annual report on Tuesday.
British Airways owner IAG has emerged as the preferred bidder to take over bankrupt Austrian airline Niki, German news agency DPA reported Thursday.