Category Archives for Iberia.

Ryanair to sell Aer Lingus stake to IAG

Ryanair has just announced that is accepting the £961 million IAG (parent company of British Airways) bid for Aer Lingus. The bid that was already blessed by the Irish authorities was already a precursor for the complete takeover of Aer Lingus and integration into the IAG network. The trans-Atlantic flight routes from Dublin are too hard to resist for Heathrow slot starved IAG. Ryanair owns 29.8% of Aer Lingus and wasn’t really a willing party to sell out the stake. They tried thrice to buy over Aer Lingus but failed in all their bids due to stiff opposition from all ends. I guess no wanted Ryanair to dominate the Irish market leaving them with no other option but to sell out. We may soon see…

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Iberia to launch Iberia Express for its short and medium haul routes

Spanish carrier Iberia which is part of the International Airlines group (IAG) has decided to start a new subsidiary named Iberia Express, the airline intends to service its short and medium haul destinations specially the Spanish domestic and European markets from Madrid offering Economy and Business Class seating at “Competitive” fares. The carrier which intends to use the subsidiary to feed traffic to its long haul operations has said that initially Iberia Express would start operations by utilizing existing Iberia aircraft, starting with four A320s going to 13 aircraft by the end of next year. The airline says its doing this to counter the competition from Low Cost Carriers(LCC) like Easyjet and Ryanair which have over the recent years strengthened their service offering to the…

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