All Brands Owned by International Airlines Group (IAG)

What does IAG own?
IAG owns five airline brands: British Airways (UK flag carrier), Iberia (Spanish flag carrier), Aer Lingus (Irish flag carrier), Vueling (low-cost carrier based in Barcelona), and LEVEL (long-haul low-cost). The group also operates IAG Cargo (freight business), IAG Loyalty (Avios loyalty program), and IAG Engineering (maintenance services). IAG has a pending agreement to acquire Air Europa, subject to regulatory approval.

Is IAG publicly traded?
Yes. International Airlines Group is listed on the London Stock Exchange (LSE: IAG) and the Spanish stock exchanges (BME: IAG). The company has a standard single-class share structure with one vote per share. Qatar Airways is the largest single shareholder with approximately 25.1% of shares. Other major holders include BlackRock and Vanguard.

Who founded IAG?
IAG was founded in January 2011 through the merger of British Airways and Iberia. The merger was structured as a share-for-share exchange, with British Airways shareholders holding approximately 55% of the new company and Iberia shareholders approximately 45%. Willie Walsh, then CEO of British Airways, became IAG's first CEO and architected the group's subsequent acquisition strategy.

Where is IAG headquartered?
IAG is legally registered in Madrid, Spain, as International Consolidated Airlines Group, S.A. Its corporate head office is in London, United Kingdom. This dual Anglo-Spanish structure reflects the 2011 merger of British Airways and Iberia. The group's airline brands operate from their respective hubs: British Airways at London Heathrow, Iberia at Madrid Barajas, Aer Lingus at Dublin, and Vueling at Barcelona.

How many brands does IAG own?
IAG owns 5 airline brands: British Airways, Iberia, Aer Lingus, Vueling, and LEVEL. The group also operates IAG Cargo, IAG Loyalty (Avios), and IAG Engineering as non-airline brands. The pending Air Europa acquisition would add a sixth airline brand if approved by regulators.

Who owns IAG?
IAG is publicly traded with no controlling shareholder. Qatar Airways is the largest single shareholder with approximately 25.1% of shares, though it has stated its investment is purely financial and does not seek control. Other major institutional holders include BlackRock, Vanguard, and various European investment funds. The company has a standard single-class share structure with one vote per share.

What is IAG's revenue?
IAG reported FY2024 revenue of EUR 29.5 billion with operating profit of EUR 4.4 billion, the group's strongest post-pandemic financial performance. Passenger revenue accounts for the majority of total revenue, driven by transatlantic demand and premium cabin sales. IAG Loyalty generates significant high-margin revenue through the sale of Avios points to credit card and commercial partners.

Is IAG involved in any legal proceedings?
IAG faces ongoing regulatory review of its proposed Air Europa acquisition by the European Commission, which has raised competition concerns on Spanish domestic and Latin American routes. British Airways has faced consumer protection enforcement by the UK Civil Aviation Authority related to cancellations and passenger compensation. The group's airlines are subject to ongoing environmental regulation compliance under the EU ETS and UK ETS.