British Airways parent company International Airlines Group (IAG) is cutting planned capacity growth by more than half over the next three years and taking over responsibility for many of its airline unit corporate functions. At its Nov. 8 capital markets day, IAG said capacity growth would average of 3.4% through including 2022 compared with a previous target of a 7.4% compound annual growth rate. The group’s group capacity will have shrunk by 13.3% by in relative to original ...

Subscribe to Access this Entire Article

"IAG cuts capacity growth; still forecasts strong margin" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? Log in here.