British Airways' owner IAG is expanding its low-cost long-haul airline Level further by launching short-haul routes from a base in Austria. The move puts it further in competition with rivals EasyJet and Ryanair. IAG launched the Level brand more than a year ago as a low-cost rival to challenger Norwegian.
Brazil's competition regulator Cade said on Monday that a deal between LATAM Airlines LAN.SN, British Airways and Iberia could have a negative impact on routes between Brazil and Europe. Chile-headquartered LATAM signed joint business agreements in January to deepen its ties with American Airlines Group and IAG's British Airways and Iberia, all members of the Oneworld Alliance.
Qatar Airways has emerged as the owner of a 10% stake in International Airlines Group (IAG), the owner of British Airways (BA) and Iberia. The Gulf airline is already a member of the Oneworld Alliance.
Workers of Spanish airline Iberia called off further strikes in a dispute over thousands of job cuts after unions accepted a mediation plan, the company announced in a statement.
British Airways parent International Consolidated Airlines Group (IAG) has pledged to push through a plan to shrink Spanish arm Iberia by 15% and deliver a profit rebound this year following a group-wide loss last year.