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International Airlines Group (IAG) - the owner of Aer Lingus, British Airways, Iberia and Vueling - has participated in the £14m (€16m) Series B funding round for Ampaire, working with the start-up to explore how hybrid-electric APU solutions could reduce aircraft fuel consumption on the ground. IAG has been joined by new and existing investors including DiamondStream Partners and Alaska Airlines, among others. Ampaire, which was part of IAG’s 2025 flagship open innovation pr

Airline group IAG has posted a net profit of €1bn for the first half of 2026 - almost 21% down on a year-on-year basis -competition, geopolitical unrest and increased operational costs for the slump. The group - which owns Aer Lingus, British Airways, Iberia and Vueling - did, however, see revenues increase by 1% to just over €16bn, and stressed that it remains confident about its future prospects. IAG chief executive, Luis Gallego, said: “With these results IAG has again dem

IAG - the airline group which owns Aer Lingus, British Airways, Iberia and Vueling - has reiterated its commitment to sustainability and reaching its net zero targets by 2050; but has called for fairer regulations from governments. In its half-year results presentation, IAG said: "IAG remains committed to its target of zero net emissions by 2050. IAG advocates for a transition where climate regulations uphold the competitiveness of all airlines globally. "This means regulator