# International Airlines Group

> British-Spanish multinational airline holding company

**Wikidata**: [Q8774](https://www.wikidata.org/wiki/Q8774)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/International_Airlines_Group)  
**Source**: https://4ort.xyz/entity/international-airlines-group

## Summary
International Airlines Group (IAG) is a British-Spanish multinational airline holding company formed on January 21, 2011, that owns and operates major airlines including British Airways, Iberia, Vueling, and Aer Lingus. The company is headquartered in London and Madrid and operates as a public company offering securities for sale to the general public.

## Key Facts
- Officially known as International Consolidated Airlines Group SA, commonly abbreviated as IAG
- Formed on January 21, 2011, through the merger creating the British-Spanish multinational airline holding company
- Headquarters located in both London (United Kingdom) and Madrid (Spain)
- Operates as a public company that offers its securities for sale to the general public
- Revenue of €25.506 billion (2022) and €32.1 billion (alternative figure)
- Net profit of €1.715 billion (2022) and €2.732 billion (alternative figure)
- Total assets of €43.804 billion
- Employs approximately 71,000 to 74,378 people across its subsidiaries
- Listed on multiple stock exchanges including London Stock Exchange, Madrid Stock Exchange, and others
- Industry classification includes aviation and airline operations
- Parent organization of major airlines including British Airways, Iberia, Vueling, and Aer Lingus
- Incorporated in the United Kingdom and Spain
- CEO positions held by Willie Walsh and other executives
- Stock ticker symbols include IAG and various codes across exchanges
- Corporate registration numbers include ES0177542018 and 0522855
- Part of FTSE 100 Index and IBEX 35 blue-chip indices
- Website at https://www.iairgroup.com

## FAQs
**What is International Airlines Group?**
International Airlines Group (IAG) is a British-Spanish multinational airline holding company formed in 2011 that owns and operates major airlines including British Airways, Iberia, Vueling, and Aer Lingus. It operates as a public company offering securities to the general public and is headquartered in both London and Madrid.

**Which airlines does IAG own and operate?**
IAG owns and operates several major airlines including British Airways (the UK's flag carrier), Iberia (Spain's flag carrier), Vueling (Spanish low-cost airline), Aer Lingus (Ireland's flag carrier), Iberia Express, Level, BA CityFlyer, and other subsidiaries. The company also operates IAG Cargo as its cargo division.

**Where is IAG headquartered and what is its legal structure?**
IAG is headquartered in both London, United Kingdom and Madrid, Spain, reflecting its dual nationality as a British-Spanish company. It operates as a public company incorporated in the UK and Spain, offering securities for sale to the general public.

**What stock exchanges is IAG listed on and what indices does it belong to?**
IAG is listed on multiple stock exchanges including the London Stock Exchange and Madrid Stock Exchange. The company is part of both the FTSE 100 Index (UK) and the IBEX 35 (Spain's blue-chip index of 35 major companies trading on Bolsa de Madrid).

**Who are the key executives leading IAG?**
IAG has been led by key executives including Willie Walsh, who served as CEO and is an Irish airline executive. The company's leadership structure includes multiple CEOs and senior management personnel overseeing its various airline subsidiaries.

**What is the financial performance of IAG?**
IAG reported revenue of €25.506 billion in 2022, with a net profit of €1.715 billion. The company has total assets of €43.804 billion and employs between 71,000 to 74,378 people across its various subsidiaries.

## Why It Matters
International Airlines Group represents one of the largest consolidation efforts in European aviation history, creating a transnational airline holding company that bridges the UK and Spanish aviation markets. The company's formation in 2011 marked a significant shift in the competitive landscape of European aviation, allowing for coordinated operations across multiple flag carriers and low-cost subsidiaries. IAG's dual-headquarters structure in London and Madrid reflects the increasingly integrated nature of European air travel and demonstrates how major corporations can operate across national boundaries. The company's ownership of both legacy carriers like British Airways and Iberia, alongside low-cost operators like Vueling, positions it uniquely to serve diverse market segments. As a public company, IAG provides investors with exposure to the entire spectrum of European aviation, from premium international services to budget domestic routes. The company's inclusion in both the FTSE 100 and IBEX 35 indices underscores its importance to both UK and Spanish financial markets, making it a bellwether for European aviation sector performance.

## Notable For
- Operating as a unique British-Spanish multinational airline holding company with dual headquarters in London and Madrid
- Owning both major flag carriers (British Airways, Iberia) and low-cost airlines (Vueling) under one corporate umbrella
- Being formed through the 2011 merger that consolidated major European aviation assets into a single holding company
- Maintaining listings on multiple major European stock exchanges including both London and Madrid
- Operating across multiple aviation market segments from premium international services to budget domestic routes
- Including Aer Lingus, the flag carrier of Ireland, in its portfolio of subsidiaries
- Being part of both the FTSE 100 Index and IBEX 35, representing dual market significance
- Employing over 70,000 people across its various airline subsidiaries and operations
- Operating cargo services through its dedicated IAG Cargo division
- Managing both traditional airlines and virtual airlines like Level through its subsidiary structure

## Body
### Formation and History
International Airlines Group was formed on January 21, 2011, as a British-Spanish multinational airline holding company. The company emerged from the consolidation of major European aviation assets, creating a transnational entity with headquarters in both London and Madrid. This formation represented a significant milestone in European aviation consolidation, bringing together airlines from different national markets under unified ownership and management.

### Corporate Structure and Legal Framework
IAG operates as a public company that offers its securities for sale to the general public, registered in both the United Kingdom and Spain. The company's legal structure reflects its dual nationality, with corporate registration numbers including ES0177542018 in Spain and 0522855 in the UK. This unique structure allows IAG to operate seamlessly across both markets while maintaining compliance with regulations in both jurisdictions.

### Financial Performance and Metrics
The company reported revenue of €25.506 billion in 2022, with an alternative figure showing €32.1 billion. Net profit stood at €1.715 billion for 2022, though another figure indicates €2.732 billion. IAG's total assets amount to €43.804 billion, demonstrating the substantial scale of its operations. The company employs between 71,000 and 74,378 people across its various subsidiaries and operations.

### Stock Exchange Listings and Market Presence
IAG maintains listings on multiple major European stock exchanges, including the London Stock Exchange and Madrid Stock Exchange. The company is included in both the FTSE 100 Index, representing the largest companies listed in the UK, and the IBEX 35, Spain's blue-chip index of 35 major companies trading on the Madrid stock exchange. This dual-index presence reflects IAG's significance to both UK and Spanish financial markets.

### Subsidiary Airlines Portfolio
IAG owns and operates a diverse portfolio of airlines spanning different market segments. British Airways serves as the UK's flag carrier, while Iberia functions as Spain's flag carrier. Vueling operates as a Spanish low-cost airline, and Aer Lingus serves as Ireland's flag carrier. Additional subsidiaries include Iberia Express, Level, BA CityFlyer, and IAG Cargo for freight operations. This diverse portfolio allows IAG to serve multiple market segments from premium international services to budget domestic routes.

### Executive Leadership
The company has been led by notable aviation executives including Willie Walsh, an Irish airline executive who served as CEO. IAG's leadership structure encompasses multiple executive roles managing the various subsidiary airlines and corporate functions, reflecting the complexity of managing a multinational aviation holding company.

### Geographic Operations and Headquarters
IAG maintains its headquarters in both London, United Kingdom (location identifier Q84) and Madrid, Spain (location identifier Q2807). This dual-headquarters arrangement reflects the company's British-Spanish nature and enables effective management of operations across both markets. The company's operations span multiple countries including the UK, Spain, Ireland, and various international destinations served by its subsidiary airlines.

### Industry Classification and Market Position
IAG operates within the aviation and airline industry sectors, classified under industry codes Q765633 and Q376880. The company represents one of the major players in European aviation, competing with other large airline groups while benefiting from synergies between its diverse subsidiary portfolio. The company's market position is strengthened by its ownership of flag carriers in multiple countries and its ability to offer both legacy and low-cost service options.

## References

1. [Source](https://www.lobbyfacts.eu/datacard/international-consolidated-airlines-group?rid=60340504060-88)
2. [Source](http://www.google.co.uk/finance?q=LON:IAG)
3. Freebase Data Dumps. 2013
4. [Source](http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary.html?fourWayKey=ES0177542018GBGBXSET1)
5. [Source](https://www.iairgroup.com/people-and-careers/)
6. [IAG Annual Report And Accounts 2024](https://www.iairgroup.com/media/4qxgaavc/iag-annual-report-and-accounts-2024.pdf)
7. [Source](http://km.aifb.kit.edu/services/crunchbase/)
8. [Source](https://www.iairgroup.com/~/media/Files/I/IAG/press-releases/english/2020/Full%20year%20results%20release%20for%20the%20year%20to%20December%2031%202019.pdf)
9. Wikirate