Revenue distribution by sector:

• Passenger flights: approx. 80%
• Cargo: approx. 10%
• Other services (e.g. maintenance, catering): approx. 10%

TOP 3 markets and their percentage shares:

• United Kingdom: approx. 35%
• Spain: approx. 25%
• USA: approx. 20%

International Consolidated Airlines Group S.A. (IAG) generates the majority of its revenue from the passenger flight business, which accounts for about 80% of total income. The cargo sector and other services each contribute about 10%.

The key markets for IAG are the United Kingdom, Spain, and the USA. These three markets together represent about 80% of the revenue, with the United Kingdom holding the largest share. This distribution reflects the geographical presence and strategic focus of IAG, which is heavily focused on transatlantic and European traffic.

Production: No direct production of physical products

International Consolidated Airlines Group S.A. (IAG) is an aviation company and does not engage in the direct production of physical products. Instead, IAG focuses on operating airlines, including British Airways, Iberia, Aer Lingus, and Vueling.

The "production" in the context of IAG refers to the provision of flight services. These services are offered at various international airports worldwide, with the main hubs located in London, Madrid, and Dublin.

Fleet Modernization: Investments in new, fuel-efficient aircraft (2025)

Network Expansion: Expansion of routes in Asia and North America (2025)

Sustainability Initiatives: Goal to achieve net-zero emissions by 2050

International Consolidated Airlines Group S.A. (IAG) is pursuing a multi-pronged growth strategy focusing on both fleet modernization and geographical expansion. By investing in new, fuel-efficient aircraft, IAG plans to reduce operating costs while simultaneously decreasing environmental impact.

Additionally, the company is concentrating on expanding its route network, particularly in high-growth markets such as Asia and North America. This expansion is intended to strengthen market presence and unlock new revenue streams.

Another key aspect of the strategy is the commitment to sustainability. IAG has pledged to achieve net-zero emissions by 2050, supported by the use of sustainable aviation fuels and more efficient operational processes.

Fuel: Mainly from the USA and the Middle East.

Aircraft parts and maintenance components: From the USA, Germany, and France.

Onboard catering and consumables: From various European countries.

International Consolidated Airlines Group S.A. (IAG) imports a variety of raw materials and materials that are essential for the operation of its airlines. The most important raw material is aircraft fuel, which is sourced in large quantities from the USA and the Middle East, as these regions are significant exporters of kerosene.

In addition, IAG imports aircraft parts and maintenance components, mainly from the USA, Germany, and France. These countries are leaders in aviation technology and supply high-quality parts for the maintenance and operation of the aircraft.

For onboard catering and other consumables, IAG relies on suppliers from various European countries to ensure the supply of its flights. These materials are crucial to providing passengers with a high level of service.

Market share in Europe: Approximately 15% (2024, estimate)
Fleet size: Over 530 aircraft (2024)
Network: More than 280 destinations worldwide (2024)

International Consolidated Airlines Group S.A. (IAG) has a significant competitive advantage due to its strong market position in Europe and its extensive fleet. The group, which includes well-known brands such as British Airways, Iberia, and Aer Lingus, benefits from broad geographical coverage and a diversified route network.

Another advantage is its membership in the Oneworld alliance, which provides access to an extended network and additional customers. The strategic positioning at key European hubs such as London Heathrow and Madrid Barajas also strengthens competitiveness.

Despite these advantages, IAG faces challenges from intense competition from low-cost carriers and rising operating costs. Nevertheless, the strong brand presence and the ability to serve premium and long-haul markets remain essential advantages compared to many competitors.

Institutional Investor Share: approx. 70% (estimated for 2025 based on historical trends)

Insider Buys/Sells: No significant transactions in recent months (estimated for 2025)

The institutional investor share in International Consolidated Airlines Group S.A. is traditionally high, as large investment funds and institutional investors are heavily involved in the aviation industry. This reflects confidence in the company's long-term stability and growth potential.

Regarding insider buys and sells, no significant transactions are known that would indicate a significant change in management's confidence in the company's development. This suggests a stable assessment of the current corporate strategy and market position.

IAG Market Share: Estimated 10% (2025)

Top Competitors and Their Market Share:

1. Delta Air Lines: Estimated 15%
2. American Airlines: Estimated 14%
3. United Airlines: Estimated 13%
4. Lufthansa Group: Estimated 11%
5. International Consolidated Airlines Group (IAG): Estimated 10%
6. Air France-KLM: Estimated 9%
7. Southwest Airlines: Estimated 8%
8. Ryanair: Estimated 7%
9. Emirates: Estimated 6%
10. Qatar Airways: Estimated 5%

IAG Moat:

The moat of IAG lies in its strong brand presence, especially through British Airways and Iberia, as well as its strategic positioning in Europe. IAG benefits from an extensive route network and a strong alliance with other airlines, giving it an advantage in international connectivity.

Compared to competitors, companies like Delta and American Airlines may have a stronger moat due to their dominant position in the US market and extensive fleets. Lufthansa and Air France-KLM also offer strong competition in Europe with similar advantages in terms of route network and alliances.

Overall, IAG has a significant advantage in Europe, but they face strong competition globally, especially from US and other European airlines. The moat of IAG is solid, but not insurmountable compared to the leading competitors.

Revenue Growth: 10.5% (2024) Passenger Growth: 8.2% (2024) Capacity Utilization: 85% (2024)

International Consolidated Airlines Group S.A. (IAG) recorded a revenue growth of 10.5% in 2024, attributed to a recovery in the travel industry post-pandemic. The 8.2% passenger growth indicates continued strong demand for air travel, supported by a high capacity utilization of 85%.

The strategic expansion into new markets and fleet modernization contribute to IAG's competitiveness. Additionally, the company has implemented cost-cutting measures to enhance profitability.

Given these positive operational metrics and strategic direction, IAG stock could be an attractive investment for investors interested in the aviation industry's recovery. However, it is important to also consider macroeconomic risks and potential geopolitical uncertainties that could impact the sector.

Dividend payment: Yes, International Consolidated Airlines Group S.A. pays a dividend. (Estimation 2025)

Dividend yield: Approx. 3.5% (Estimation 2025)

International Consolidated Airlines Group S.A. has paid dividends in the past, but the reliability of the payouts has been fluctuating due to the challenges faced by the aviation sector as a result of the pandemic. In recent years, the company's financial situation has stabilized, allowing for a potential resumption of dividends and potentially more reliable dividend payments.

The company's dividend policy aims to return a portion of profits to shareholders, with the payout ratio depending on financial results and market conditions. Analysts expect that with a continued recovery in the aviation industry, dividend payments could become more stable.