IAG (LSE: IAG) is a publicly listed company headquartered in London, United Kingdom that owns 4 consumer brands, and has 2 recorded transactions.[1]
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.
IAG acquired Aer Lingus for about €1.36 billion, after the Irish government agreed to sell its stake against commitments on Heathrow slots and connectivity. Ryanair, which held a large minority, had been ordered by British regulators to reduce it years earlier.
British Airways and Iberia merged to form International Consolidated Airlines Group, registered in Spain and headquartered in London. Both airlines kept their names, brands and operating certificates, so passengers saw no change beyond the ownership.