Top 10 Airlines of Europe 2015

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4. International Airlines

‘International Consolidated Airlines Group’ (IAG) is the parent corporation for companies like ‘British Airways’, ‘Iberia’ and ‘Vueling’, which are primarily engaged in giving commuter and cargo air transport facilities.

Image: Wikimedia Commons

It delivers global and national carriage facilities for travelers and cargo. It likewise offers loyalty programs and sustenance services to customers, and delivers aircraft upkeep services. IAG syndicates the foremost airlines in the United Kingdom and Spain, allowing them to improve their existence in the aeronautics market while holding their distinct brands and contemporary operations. The carriers' customers profit from a superior joint network for both travelers and freight and a better ability to spend in new goods and services by way of improved monetary sturdiness. The corporation was started on January 21st in the year 2011 and is based in Hounslow in the United Kingdom. In the month of April 2013, IAG established the change of options to obtain 18 Boeing 787 Dream-liners into secure orders, in a contract which was valuated to be approx. US$5 B. The airplane is planned to substitute several of British Airway's navy of ‘Boeing 747’ from 2017 to 2021. On the 16th of October in 2013, Iberia revealed a new uniform to be used from the conclusion of November, 2013. At the Farnborough Exhibition held in 2014, IAG transformed the choices for 20 Airbus aircrafts into stable orders that are presently projected to swap 21 short-haul British Airways aircrafts. In January 2015, IAG made a proposal of £1 B for ‘Aer Lingus’.

Revenue in the FY 2014: $26.73 B

Market Cap: $18.2 B

No. of Passengers Carried: 77.3 Million

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