International Airlines Group slightly trimmed its capacity outlook for the full year due to aircraft and engine delays but highlighted a strong Q3 performance.
Airbus has delivered the first A321XLR to launch customer Iberia, which plans to deploy the long-range narrowbody on a Madrid-to-Boston route from mid-November.
For an airline group that came into being through consolidation, the failure of IAG's latest planned deal to take over Air Europa must be a big disappointment.
After dropping its proposed acquisition of Air Europa, IAG's CEO still sees benefits of consolidation and retains an interest in buying TAP Air Portugal.
IAG CEO Luis Gallego told an audience at Farnborough Airshow that recent action by the European Commission bodes well for its proposed acquisition of Air Europa.