IAG invests in Ampaire to advance hybrid electric aviation tech
The funding supports development of hybrid-electric auxiliary power units designed to eliminate ground-based fuel consumption and cut operational emissions.
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Multinational airline holding company
iairgroup.comLast updated
In short: IAG saw profits decline in the second quarter as soaring fuel costs from Middle East conflicts offset strong demand and robust Q1 results.
The funding supports development of hybrid-electric auxiliary power units designed to eliminate ground-based fuel consumption and cut operational emissions.
Operating profit was €1.76 billion, lower than last year due to higher fuel costs, with strong demand and ongoing transformation
Luis Gallego will assume the role on 1 September 2026, succeeding American Airlines' Robert Isom.
CEOs of IAG, Virgin Atlantic, and Heathrow AOC call for competition and oversight to cap charges and deliver third runway by 2035.
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British Airways owner International Airlines Group (IAG) has claimed to have “serious questions” about the cost attached to London-Heathrow Airport’s (LHR) planned expansion and third...
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