International Airlines Group (IAG) plans to set up what it describes as a new “next-generation, long-haul operation” based at Barcelona’s El Prat Airport from June. The new organization will be a low-cost operation. Details of the new operation remain sparse. In a brief statement, IAG—parent company of Ireland’s Aer Lingus, UK-based British Airways, Spain flag carrier Iberia and Spanish low-cost carrier (LCC) Vueling—said it had not yet been decided ...

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