Module Name: Strategic Business Environment
Module Number: MGT2530
1st Assignment
Assignment: Analyse Of International Airlines Group.
Mehedi Hassan Fattah---M00343841
Module Leader: Bushra Daud Ahmad
Seminar Tutor: Waris Ali
Word Count: 1457
Date: 05 April, 2012
Background of the Company:
Introduction:
International airlines group, Officially International Consolidated Airlines Group, S.A. ; is a multinational airline holding company. The headquarter of the company is in London, United Kingdom. The company also has a registered office in Madrid, Spain.
Size and Sector:
International Airlines Group Operates in Aviation Sector. IAG is the parent company of British Airways and Iberia. Antonio Vazquez is the Chairman Of IAG Now and Willie Walsh is the CEO of IAG Now.
According to the Last Financial Statements of IAG which was published in December 31, 2011:-
(£=GBP)
* IAG’s Revenue: £13.63 billion
* IAG’s Operating Income: £404.45 million
* IAG’s Profit: £439.47 million
* IAG’s Total Assets: £16.47 billion
* IAG’s Total Equity: £4.74 billion
* IAG’s Employees: 56,782
Mission of IAG and Stated Value of IAG:
IAG’s mission is to be the leading international airline group.
The company’s stated value is to accomplish the mission by winning the customer through service and by maintaining value across their global network.
From their mission and stated value it is very clear that the company gives priority to their customers first to fulfill their mission.
By accomplishing their mission, IAG will help to shape the future of the Airline industry, set new standards of excellence and provide sustainability, security and growth.
Corporate Social Responsibility (CSR) of IAG
In the area of corporate social
References: Palmer, A ., Hartley, B (2009), The Business Environment, (6th edition), McGrawHill, UK Henry, A http://www.flightglobal.com/news/articles/world-airline-rankings-regional-picture-359695/ IAG’s Full year condensed consolidated financial statements December 31, 2011 accessible at: