Who owns LEVEL?
LEVEL is owned by IAG (the United Kingdom, LSE: IAG).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: International Consolidated Airlines Group — formation of IAG, International Consolidated Airlines Group S.A, 21 January 2011. Last checked .
Key facts
- Current owner
- International Consolidated Airlines Group S.A. reported
- Owner HQ
- 🇬🇧 United Kingdom, London
- Origin
- 🇪🇸 Spain, Barcelona
- Category
- Travel & transport › Airlines
- Parent ticker
- LSE: IAG
- Last verified
- · 1 sources
About LEVEL
LEVEL is the Barcelona-based airline in International Consolidated Airlines Group's portfolio. The group's 2025 annual report lists its operating companies as Fly Level, S.L. and Fly Level Barcelona LH, S.L., with a fleet of seven aircraft, and says it began operating under its own IATA code LL on 1 December 2025 after receiving its air operator certificate in 2024.
Ownership timeline of LEVEL
Where LEVEL sits in IAG
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full IAG ownership tree →
See the full IAG brand portfolio (8) →
Other brands owned by IAG
IAG controls 8 brands on Brandtree, 8 of them in travel & transport.
Also in travel & transport
- Aer Lingus (1936)
- BA CityFlyer
- BA Euroflyer
- British Airways (1974)
- Iberia (1927)
- Iberia Express
- Vueling (2004)
Other brands in airlines, and who owns them
The 509 brands in airlines on Brandtree belong to 341 owners. The largest is Lufthansa Group, with 10; IAG has 8.
| Brand | Owner | Owner based in |
|---|---|---|
| Air Dolomiti | Lufthansa Group | 🇩🇪 Germany |
| China Southern Airlines | China Southern Airlines | 🇨🇳 China |
| Air China | Air China | 🇨🇳 China |
| LATAM Airlines Brasil | LATAM | 🇨🇱 Chile |
| Air France | Air France-KLM | 🇫🇷 France |
| AirAsia | AirAsia X | 🇲🇾 Malaysia |
| Calm Air | Exchange Income | 🇨🇦 Canada |
| Beibu Gulf Airlines | Hainan Airlines Holding | 🇨🇳 China |
About the owner: IAG
IAG is a publicly listed company headquartered in London, United Kingdom, founded in 2011. Brandtree records 8 brands under its control, and it is listed as LSE: IAG.
IAG was formed in 2011 by merging British Airways with Iberia, and is registered in Spain while headquartered in London. It owns four national flag carriers plus a low-cost airline, so several airlines that appear to compete on European routes share an owner.
🇪🇸 LEVEL and other Spanish brands
Brandtree records a controlling owner for 119 brands that began in Spain. 55 of them (46%) are now controlled by a company headquartered in another country, LEVEL among them.
- Abertis — Abertis 🇪🇸
- Air Europa — Air Europa 🇪🇸
- Alsa — Mobico 🇬🇧
- Binter — Binter 🇪🇸
- Cintra — Ferrovial 🇳🇱
- NH Collection — Minor International 🇹🇭
Frequently asked questions
Who is the parent company of LEVEL?
The parent company of LEVEL is IAG, a publicly listed company headquartered in the United Kingdom.
Is LEVEL Spanish or British?
LEVEL originated in Spain, but it is owned today by IAG, which is headquartered in the United Kingdom. So LEVEL is a Spanish-origin brand under British ownership.
Is LEVEL still owned by IAG?
Yes. As of 4 October 2026, LEVEL is still owned by IAG. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] International Consolidated Airlines Group — formation of IAG — International Consolidated Airlines Group S.A., Annual report, published 21 January 2011; retrieved 16 September 2026.
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