Report
Marc Pierron

IAG- Rating report

IAG is the holding company of four operating airlines: British Airways, Iberia (acquired in January 2011), Vueling (acquired in April 2013), and Aer Lingus (acquired in August 2015) of which the first two are members of the Oneworld alliance.
The group operates out of two large hubs, London Heathrow and Madrid Barajas, and is the third-largest European Airline behind Lufthansa and Air France KLM, ranking #6 worldwide in terms of revenue.

Underlying
International Consolidated Airlines Group SA

International Airlines Group is an international scheduled airline and global premium airlines. Co.'s principal place of business is London with significant presence at Heathrow, Gatwick and London City airports.

Provider
Spread Research
Spread Research

​Spread Research is France's first Rating Agency, registered by ESMA (European Securities and Markets Authority) and a leading European Independent Credit Research firm, founded in 2004 and based in Lyon, France. Our experienced team offer key research services using a wide range of investment strategies and research methodologies for the High Yield, Emerging Markets, Convertibles and Loan Markets.

 

Analysts
Marc Pierron

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