By investing in IAG (International Airlines Group) shares, you will be acquiring the securities of a company that is the merger of two historic flagship airlines: Iberia and British Airways.
Over the years, the company has grown with the acquisition of other companies and with the creation of its own subsidiaries. At present, in addition to those already mentioned, Iberia and British Airways, the Vueling, Aer Lingus, Level and Iberia Express brands are within the group.
The whole is one of the main global airlines. International Airlines Group (IAG) has a fleet of almost 600 aircraft. It operates over 279 destinations with a passenger volume of 118 million passengers per year.
From a revenue point of view, it is considered the third largest European group and the sixth largest worldwide. IAG shares are traded on the London Stock Exchange and on the Spanish continuous market. The company is domiciled in Spain.
IAG flies throughout the world, therefore, it has great competition both locally (in Europe) and internationally. Its main competitors are:
Previously, Air France-KLM ranked third in the list of the best airlines in Europe, but thanks to IAG it has fallen to fourth place.
Due to its low cost and profitability in Europe and around the world, it rivals IAG when it comes to the number of passengers they quantify in a year.
This company is one of the most prominent and is occupying the seventh position in the ranking. In Europe, it is considered the one with the highest number of passengers using its services.
It is a British low cost company. Part of its market on the islands rivals one of IAG’s member companies, British Airways.
This company brings together 13 airlines around the world and also has about 30 that are affiliated with this project. They offer a wide range of services to their customers with the alliance of all the airlines that are part of it.
These companies have an agreement to share their income from the lines that connect Europe with North America, making it an excellent partner. Its objective is to generate operational efficiencies, without competition, to reduce the duplication of some flights and improve communication between cities.
Their duty is to offer passengers more flight options, improving the benefits for their customers.