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Reuters • Joanna Plucinska, Raechel Job, Raechel Thankam Job

IAG posts record 2025 operating profit €5.02bn as British Airways and Iberia drive margins

International Airlines Group reported a record 2025 operating profit of €5.02 billion on €33.2 billion revenue (15.1% operating margin) and a €3.3 billion net profit. British Airways and Iberia delivered the strongest margins as North Atlantic business travel rebounded and economy bookings stabilised.

2026-02-27T00:51:25.586887-08:00

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Angola reinstates plan to privatise national carrier TAAG

2026-02-27T04:07:01.581786-08:00

ch-aviation

Angola to move ahead with TAAG privatisation in 2026

2026-02-27T04:07:01.472485-08:00

SpaceWatch Global

Infinite Orbits acquires LMO’s Luxembourg operations to expand European footprint

2026-02-26T23:54:04.326497-08:00

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Angola reinstates plan to privatise national carrier TAAG The Angolan government has reinstated plans to privatise state-owned carrier TAAG Angola Airlines, reversing recent statements from airline management that a sell-off was off the table. Luanda's move restarts preparations to seek private partners for the flag carrier and potentially reshape TAAG's strategic and financial trajectory.

2026-02-27T04:07:01.581786-08:00

Angola reinstates plan to privatise national carrier TAAG

ch-aviation

Angola to move ahead with TAAG privatisation in 2026 Angola's government says it will proceed with the long‑awaited privatisation of state‑owned TAAG Angola Airlines in 2026, reopening formal talks this year. The move comes as TAAG advances a two‑year transformation programme targeting fleet renewal and a return to profitability.

2026-02-27T04:07:01.472485-08:00

Angola to move ahead with TAAG privatisation in 2026

Reuters

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IAG posts record 2025 operating profit €5.02bn as British Airways and Iberia drive margins International Airlines Group reported a record 2025 operating profit of €5.02 billion on €33.2 billion revenue (15.1% operating margin) and a €3.3 billion net profit. British Airways and Iberia delivered the strongest margins as North Atlantic business travel rebounded and economy bookings stabilised.

2026-02-27T00:51:25.586887-08:00

IAG posts record 2025 operating profit €5.02bn as British Airways and Iberia drive margins

SpaceWatch Global

Infinite Orbits acquires LMO’s Luxembourg operations to expand European footprint Infinite Orbits has acquired LMO’s Luxembourg-based operations after years of close partnership, bringing LMO’s local activities under Infinite Orbits’ ownership. The move expands Infinite Orbits’ European footprint and formalizes operational integration in Luxembourg’s commercial space ecosystem.

2026-02-26T23:54:04.326497-08:00

Infinite Orbits acquires LMO’s Luxembourg operations to expand European footprint

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Sterling weighs options after Saab exit, eyes growth with Argentum backing US carrier Sterling is weighing strategic options after Saab's exit from a partnership and is pursuing expansion plans with financial backing from Argentum. Management is evaluating near-term repositioning and growth pathways as it replaces Saab's role and leverages new investor support.

2026-02-26T11:34:07.005400-08:00

Sterling weighs options after Saab exit, eyes growth with Argentum backing

SpaceNews.com

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Phantom Space reclaims Vector Launch assets Phantom Space has acquired former Vector Launch hardware and intellectual property that was sold off in 2020 when the small-launch developer entered bankruptcy, returning remnants of Vector’s technology to one of the company’s original architects and reuniting design expertise with the physical assets.

2026-02-26T05:22:33.053050-08:00

Phantom Space reclaims Vector Launch assets

Reuters

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Leonardo aims to finalise aerostructures JV by end‑June to revive loss‑making unit Leonardo expects to sign a joint‑venture agreement for its loss‑making aerostructures unit by end‑June, its CEO said, ending a protracted process to stabilise operations and attract investment. Finalising the JV would be critical to restoring profitability, preserving production capacity and protecting supply‑chain continuity across Leonardo's commercial and defence programmes.

2026-02-25T09:31:45.094594-08:00

Leonardo aims to finalise aerostructures JV by end‑June to revive loss‑making unit

Airways Magazine

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European airline groups: ownership concentration and the low-costisation of legacy carriers Europe's airline market looks crowded, but ownership concentration across groups masks real competition: multiple brands are often controlled by the same parent company. At the same time, full-service carriers increasingly mirror low-cost carriers—unbundling services, charging for ancillaries and pursuing cost-focused strategies—reshaping network competition and consolidation dynamics.

2026-02-25T09:14:56.110717-08:00

European airline groups: ownership concentration and the low-costisation of legacy carriers

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M&A News

IAG posts record 2025 operating profit €5.02bn as British Airways and Iberia drive margins

Angola reinstates plan to privatise national carrier TAAG

Angola to move ahead with TAAG privatisation in 2026

Infinite Orbits acquires LMO’s Luxembourg operations to expand European footprint

News Timeline