International Consolidated Airlines Group (OTCMKTS: BABWF) is a global airline holding company formed in January 2011 through the merger of British Airways and Iberia. The company’s core business activities encompass passenger air transport, cargo services and ancillary offerings such as in-flight catering, loyalty programs and ground handling. Its portfolio includes leading carriers British Airways, Iberia, Aer Lingus, Vueling and LEVEL, each operating under a unified strategic framework designed to optimize route networks, fleet utilization and cost efficiencies.
Since its inception, IAG has pursued growth through both organic expansion and targeted acquisitions. Notable transactions include the purchase of Aer Lingus in 2015 and the launch of low-cost brand LEVEL in 2017, aimed at capturing leisure travel demand on transatlantic and intra-European routes. The group continuously adapts its service model and fleet composition—ranging from long-haul wide-body jets to narrow-body aircraft—to align capacity with regional and seasonal market dynamics.
Headquartered in London, IAG serves over 200 destinations across more than 80 countries, with strong footprints in Europe, North and South America, and growing presence in Asia-Pacific and the Middle East. The company leverages multiple hubs including London Heathrow, Madrid Barajas and Dublin airports to offer seamless connections and enhanced network resilience. In addition to scheduled passenger flights, IAG operates cargo services under the IAG Cargo unit, providing freight transport solutions to major industrial and commercial clients worldwide.
Leadership at IAG is spearheaded by Chief Executive Officer Luis Gallego, who brings extensive airline management experience from his tenure at Iberia, and Chairman Antonio Vázquez Romero, a former aviation and tourism industry executive. Under their guidance, the group has emphasized sustainability initiatives, digital innovation and customer experience enhancements to strengthen its competitive position in the evolving global aviation landscape.
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