Business description: International Consolidated Airlines Group, S.A.

International Consolidated Airlines Group, S.A. is a leading European airline. Net sales break down by activity as follows:

- passenger transportation (87.2%): 121.6 million passengers transported in 2025;

- freight transportation (3.7%);

- other (9.1%): maintenance and handling services, distribution of computer reservation systems, etc.

At the end of 2025, the group operated a fleet of 627 aircrafts.

Net sales are distributed geographically as follows: Spain (19.2%), the United Kingdom (35.5%), the United States (16.4%) and other (28.9%).

Number of employees: 65,203

Sales by Activity: International Consolidated Airlines Group, S.A.

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

British Airways

4.32B 12.92B 16.46B 16.99B 17.19B

Iberia

2.78B 5.51B 6.96B 7.54B 8.08B

Vueling

1.02B 2.6B 3.2B 3.26B 3.26B

IAG Loyalty

- 1B 1.48B 2.86B 3.04B

Aer Lingus

376M 1.77B 2.27B 2.38B 2.53B

Other Group Companies

766M 623M 736M 904M 980M

Inter-Segment Revenue

-805M -1.36B -1.66B -1.83B -1.87B

Geographical breakdown of sales: International Consolidated Airlines Group, S.A.

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

United Kingdom

2.44B 7.92B 10.18B 11.29B 11.79B

Rest of World

2.9B 7.1B 8.97B 9.84B 9.59B

Spain

2.19B 4.31B 5.23B 5.56B 6.37B

United States of America

931M 3.74B 5.07B 5.41B 5.46B

Executive Committee: International Consolidated Airlines Group, S.A.

Manager TitleAgeSince
Chief Executive Officer 57 2020-09-07
Director of Finance/CFO 54 2026-05-31
Investor Relations Contact - 2017-08-31
Chief Tech/Sci/R&D Officer - 2023-06-30
Corporate Officer/Principal - 2023-07-31

Composition of the Board of Directors: International Consolidated Airlines Group, S.A.

Director TitleAgeSince
Director/Board Member 71 2019-06-19
Director/Board Member 61 2024-06-25
Chairman 70 -
Director/Board Member 64 2020-12-30
Director/Board Member 63 2020-12-30
Director/Board Member 57 2020-09-07
Director/Board Member 67 2020-09-07
Director/Board Member 63 2026-06-17
Director/Board Member 65 2025-06-18
Director/Board Member 57 2025-06-18

Shareholders: International Consolidated Airlines Group, S.A.

NameStocks%Valuation
Government of Qatar
28.06 %
1,242,630,613 28.06 % 7 875 M p
Capital Research & Management Co. (World Investors)
5.65 %
250,267,054 5.65 % 1 586 M p
2.852 %
126,339,737 2.852 % 801 M p
Erste Asset Management GmbH (Czech Republic)
0.5249 %
23,250,000 0.5249 % 147 M p
State Street Global Advisors Ltd.
0.2008 %
8,893,431 0.2008 % 56 M p
NameStocks%Valuation
Atlas Capital Advisors, Inc.
0.002669 %
59,114 0.002669 % 749 270 p
RhumbLine Advisers LP
0.00088 %
19,488 0.00088 % 247 010 p
GAMMA Investing LLC
0.000562 %
12,438 0.000562 % 157 652 p
10Elms LLP
0.000181 %
4,000 0.000181 % 50 700 p
Salomon & Ludwin LLC
0.000134 %
2,964 0.000134 % 37 569 p

Holdings: International Consolidated Airlines Group, S.A.

NameStocks%Valuation
126,339,7372.85% 801 M $

Company details: International Consolidated Airlines Group, S.A.

International Consolidated Airlines Group SA

Waterside HAA2

UB7 0GB, London

+

http://www.iairgroup.com
address International Consolidated Airlines Group, S.A.(IAG)

Group companies: International Consolidated Airlines Group, S.A.

NameCategory and Sector
Airlines
Other Consumer Services
Airlines

Other Airlines

Change 5-day change 1-year change 3-year change Capi.($)
-1.02%-5.65%+16.80%+189.07% 26.38B
-2.92%-3.68%+49.53%+74.01% 55.05B
-2.86%-8.40%+25.11%+110.64% 37.46B
-2.55%-3.28%+12.28%+57.86% 31.19B
-0.32%-1.20%-10.45%+97.83% 21.07B
+0.53%-0.78%+2.82%+2.55% 18.67B
-2.52%-5.71%+23.80%+201.22% 15.2B
-3.65%-4.35%-25.98%-34.00% 13.21B
-1.29%-5.36%+21.06%+3.28% 12.35B
-0.80%-2.35%-12.46%-24.39% 11.83B
Average -1.74%-3.88%+10.25%+67.81% 24.24B
Weighted average by Cap. -1.99%-4.22%+18.39%+80.36%
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
16
Last Close Price
5.224EUR
Average target price
6.313EUR
Spread / Average Target
+20.86%

Quarterly revenue - Rate of surprise

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