International Consolidated Airlines Group (OTCMKTS:ICAGY) S.A., commonly known as IAG, is a multinational airline holding company formed in January 2011 through the merger of British Airways and Iberia. Headquartered in Madrid and London, the group is incorporated under Spanish law and listed on both the London Stock Exchange and Bolsa de Madrid, with American depositary receipts trading on OTCMKTS under the symbol ICAGY.
IAG’s principal business activities encompass passenger air transport, cargo services and associated aviation solutions. The group operates in full-service, low-cost and long-distance leisure segments, offering scheduled flights, charter operations, freight services and maintenance, repair and overhaul (MRO) through its technical units. It also manages loyalty programs and digital platforms designed to enhance customer engagement and ancillary revenue streams.
The group’s airline portfolio includes British Airways, Iberia, Aer Lingus, Vueling and LEVEL, collectively serving more than 100 countries across Europe, the Americas, Asia, the Middle East and Africa. Its network spans major hubs such as London Heathrow, Madrid Barajas and Dublin, providing an extensive global route map that integrates premium, short-haul and leisure travel markets under a unified brand strategy.
IAG is led by Chief Executive Officer Luis Gallego, who joined the group in 2020 and has focused on fleet modernization, sustainability initiatives and digital transformation. Under his stewardship, the company has accelerated efforts to reduce carbon emissions, invest in next-generation aircraft and optimize its route network to adapt to evolving market dynamics.
