LONDON, UK: Aurrigo International plc has signed a formal partnership agreement with International Airlines Group (IAG), for the deployment and demonstration of Aurrigo’s autonomous aviation solutions within the UK. The partnership is expected to follow a similar phasing to Aurrigo’s ongoing agreement with Changi Airport Group in Singapore, with an evaluation and simulation phase to…
All posts tagged International Airlines Group (IAG)
Amended Agreement: Air Europa acquisition price reduced by 50% to €500 million
LONDON: International Airlines Group (IAG) and Globalia have amended the original agreement announced on 4 November 2019 under which IAG’s subsidiary, Iberia, has agreed to acquire the entire issued share capital of Air Europa. Under the terms of the Amendment Agreement, the parties have agreed that the amount to be paid by Iberia for Air…
IAG and American Express extend global partnership
LONDON: International Airlines Group (IAG) announces that it has signed a multi-year renewal extending its worldwide commercial partnership with American Express. Under the agreements American Express will make a payment to IAG Loyalty of approximately £750 million, a significant part of which is a pre-purchase of Avios points that American Express will utilise in the…
Luis Gallego to be new Chief Executive of IAG
LONDON: International Airlines Group (IAG) announced that Luis Gallego will succeed Willie Walsh as Group chief executive on 24 September, 2020. Antonio Vazquez, IAG’s chairman, said: “We announced in March that Willie would delay his retirement for a short period. We can confirm today that Luis Gallego will take over the leadership on 24 September,…