International Consolidated Airlines Group (OTCMKTS:ICAGY) (OTCMKTS: ICAGY), commonly referred to as IAG, is one of the world’s leading airline groups. Formed in January 2011 through the merger of British Airways and Iberia, the company operates a comprehensive network of passenger and cargo services. IAG’s key brands include British Airways, Iberia, Aer Lingus, Vueling and LEVEL, each serving distinct market segments from premium long-haul travelers to budget-conscious short-haul passengers.
The group’s main business activities encompass scheduled air passenger services, cargo transportation and ancillary offerings such as loyalty programs, premium lounges and in-flight retail. Through its Avios loyalty currency, IAG provides frequent flyers with a unified rewards platform across multiple carriers. Its cargo division leverages the extensive route networks of its airlines to transport goods ranging from perishables to high-value electronics.
IAG maintains a global footprint, serving destinations across Europe, North and South America, Asia, Africa and the Middle East. Major hubs include London Heathrow, Madrid Barajas and Dublin Airport, while secondary bases at Barcelona, Manchester and other key cities support regional connectivity. The group continues to expand its transatlantic routes and explore joint ventures to enhance its global reach.
Leadership is headed by Chief Executive Officer Luis Gallego, who joined IAG in 2020 following a successful tenure at Iberia. Under his direction, the group emphasizes cost efficiency, sustainable aviation practices and digital innovation. IAG has committed to modernizing its fleet with next-generation aircraft and investing in carbon reduction technologies as part of its longer-term sustainability roadmap.
