International Airlines Group
Anglo-Spanish multinational airline holding company
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| April 2025 | British Airways Executive Club rebranded as 'The British Airways Club'. |
| January 2025 | Loganair announces its Clan Loganair loyalty programme will adopt Avios as its frequent flyer currency. |
| August 2024 | The Air Europa acquisition deal was ultimately scrapped following the European Commission's investigation. |
| March 2024 | Finnair adopts Avios as its currency for Finnair Plus loyalty programme. |
| January 2024 | The European Commission opened an in-depth investigation into IAG's proposed acquisition of Air Europa, focusing on potential competition concerns in various routes. |
| February 23 2023 | IAG completed the purchase of the remaining 80% of Air Europa for 400 million Euros. |
| August 2022 | IAG converted a loan to Air Europa into a 20% shareholding. |
| March 2022 | Qatar Airways switches to Avios as its frequent flyer currency. |
| September 2021 | British Airways terminated its major short- and medium-haul base operations at Gatwick Airport, cancelling more than 30 routes after failed labour negotiations for a new budget subsidiary. |
| February 2021 | IAG reported approximately €7 billion in losses due to the COVID-19 pandemic in 2020, while maintaining €10.3 billion in liquid funds to navigate the crisis. |
| January 2021 | Javier Ferrán was appointed as the Chairman of International Airlines Group, replacing Antonio Vázquez Romero. |
| January 20 2021 | IAG renegotiated the Air Europa acquisition through Iberia, reducing the price to €500 million due to the COVID-19 pandemic and negotiating a 6-year delayed payment. |
| 2020 | Qatar Airways increases its stake in IAG to 25%, investing an additional US$600 million. |
| September 2020 | Luis Gallego became the Chief Executive of International Airlines Group, succeeding Willie Walsh. |
| November 2019 | IAG announced plans to acquire Air Europa from Globalia for €1 billion, with the deal to be funded by external debt and expected to complete in the second half of 2020. |
| June 2019 | At the Paris Air Show, IAG agreed to purchase 14 Airbus A321XLR aircraft: 8 for Iberia and 6 for Aer Lingus, with options for an additional 14 aircraft. |
| June 2019 | IAG signed a letter of intent to purchase 200 Boeing 737 MAX aircraft, despite the aircraft being grounded worldwide following fatal crashes, with CEO Willie Walsh expressing continued trust in the Boeing brand. |
| January 2019 | IAG fully disposed of its stake in Norwegian, abandoning the previous takeover considerations. |
| July 2018 | Announcement of Avios.com closure for British Airways Executive Club members, with automatic points transfer to British Airways. |
| April 2018 | IAG considered a potential takeover of Norwegian, a low-budget competitor, though this did not materialize. |
| 2015 | Restructuring of IAG's loyalty programmes, with all Avios-affiliated programmes transferred to Avios Group, an IAG subsidiary. |
| March 2015 | Qatar Airways purchases a 10% stake in International Airlines Group for €1.2 billion (US$1.26 billion), becoming a significant minority shareholder. |
| 2014 | Iberia returned to profitability, validating Willie Walsh's strategic decision to proceed with the merger despite economic difficulties. |
| 2013 | Iberia accumulated losses of one billion euros, prompting IAG CEO Willie Walsh to defend the IAG merger amid significant financial challenges. |
| 2012 | British Airways' profits were entirely offset by Iberia's substantial financial losses, with Iberia fighting for its survival in a challenging economic environment. |
| 2011 | International Airlines Group (IAG) was formed through the merger of British Airways and Iberia. |
| November 16 2011 | Avios frequent-flyer programme created through merger of Air Miles, BA Miles, and Iberia Plus Points schemes. |
| April 1 2011 | IAG is added as a constituent of the IBEX 35 index, establishing its importance in the Spanish stock market. |
| January 24 2011 | IAG becomes a FTSE 100 constituent, marking its significant recognition in the London Stock Exchange. |
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