ICAG meaning in International ?

International Miscellaneous in International . 2 years ago

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What is International Consolidated Airlines Group mean?

International Consolidated Airlines Group S.A., usually shortened to IAG, is an Anglo-Spanish multinational airline holding company with its registered office in Madrid, Spain, and its global headquarters in London, England. It was formed in January 2011 after a merger agreement between British Airways and Iberia, the flag carriers of the United Kingdom and Spain respectively, when British Airways and Iberia became wholly owned subsidiaries of IAG. British Airways shareholders were given 55% of the shares in the new company.

Since its creation, IAG has expanded its portfolio of operations and brands by purchasing other airlines – BMI (2011), Vueling (2012) and Aer Lingus (2015). The Group also owns the Level brand and Avios, the IAG rewards programme.

The company is listed on the London Stock Exchange and the Madrid Stock Exchange. It is a constituent of the FTSE 100 Index and IBEX 35 Index.

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Posted on 26 Apr 2022, this text provides information on International related to Miscellaneous in International. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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