International Consolidated Airlines Group SA 2012 AR2
The report highlights International Airlines Group's (IAG) performance in 2012, marked by the acquisition and integration of bmi into British Airways and the initiation of a restructuring plan for Iberia to address its financial challenges. Despite a difficult economic environment and high fuel prices, the group achieved significant progress in capturing cost and revenue synergies, exceeding its targets with a net operating impact of 288 million euros. On the environmental front, IAG advanced its partnership with Solena to produce low-carbon jet fuel from residual waste and reported its consolidated carbon footprint to the Carbon Disclosure Project for the first time.
Company: International Consolidated Airlines Group SA
Sector: Transport & logistics
Country: United Kingdom
Year: 2012
Type: AR2
Pages: 224
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International Consolidated Airlines Group SA
Annual Report And Accounts
The report highlights International Airlines Group's (IAG) performance in 2012, marked by the acquisition and integration of bmi into British Airways and the initiation of a restructuring plan for Iberia to address its financial challenges. Despite a difficult economic environment and high fuel prices, the group achieved significant progress in capturing cost and revenue synergies, exceeding its targets with a net operating impact of 288 million euros. On the environmental front, IAG advanced its partnership with Solena to produce low-carbon jet fuel from residual waste and reported its consolidated carbon footprint to the Carbon Disclosure Project for the first time.
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Document Details
Report Year
2012
Reporting Period
Jan 1, 2012 - Dec 31, 2012
Fiscal Year
2012
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
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