International Consolidated Airlines Group (OTCMKTS:BABWF), commonly known as IAG, is a London‐based multinational airline holding company formed in January 2011 through the merger of British Airways and Iberia. The group provides passenger air transport services across short-haul and long-haul routes, operates cargo divisions, and offers aircraft maintenance, repair and overhaul (MRO) services. IAG additionally manages loyalty and financial services programs, including its Avios frequent flyer currency, to complement its core aviation activities.
IAG’s airline portfolio comprises British Airways, Iberia, Aer Lingus, Vueling and Level, with a pending acquisition of Air Europa to further strengthen its presence in key markets. The group’s network spans Europe, North America, Latin America, the Middle East and the Asia‐Pacific region. Through strategic joint ventures and alliances, IAG leverages intercontinental connectivity and codeshare agreements to enhance its global route map and drive passenger growth.
Under the leadership of Chief Executive Officer Luis Gallego, who joined the company in September 2020, and Chairman Antonio Vázquez, IAG has pursued cost efficiency measures, digital innovation and sustainability initiatives. The group is focused on modernizing its fleet with fuel-efficient aircraft, reducing carbon emissions through sustainable aviation fuels and offset programs, and aligning its operations with emerging environmental regulations and customer expectations.
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