Level, the low-cost, long-haul brand owned by International Airlines Group (IAG), has secured its own AOC as it prepares to add a seventh aircraft to its fleet.
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.