General presentation of IAG
Now let's take the time to have a closer look at the IAG group and its core businesses. Sound knowledge of this group and its main sources of income is essential if you wish to grasp the challenges and possibilities for future growth.
The IAG group for International Consolidated Airlines Group is a British company specializing in air transport. More precisely, it is currently one of the main airlines in Europe.
To better understand the Company's activities, you can divide them into several divisions according to the percentage of turnover they generate like so:
- The largest part of its income comes from passenger transport with over 118.3 million people transported in 2019. This activity alone generates 88.1% of the group's turnover.
- Then there are freight transport activities which generate 4.4% of turnover.
- The balance of IAG's turnover, i.e. 7.5%, comes from maintenance and handling services, distribution of reservation systems and others.
Currently, the group operates a fleet of 598 aircrafts.
Geographically, the IAG group generates 32.8% of its turnover in the United Kingdom, 17.2% in Spain, 17.2% in the United States and 32.8% in the rest of the world.