International Consolidated Airlines Group S.A.

LSE:IAG Stock Report

Market Cap: UK£18.1b

International Consolidated Airlines Group Management

Management criteria checks 3/4

International Consolidated Airlines Group's CEO is Luis Gallego Martin, appointed in Sep 2020, has a tenure of 5.17 years. total yearly compensation is €5.51M, comprised of 19% salary and 81% bonuses, including company stock and options. directly owns 0.03% of the company’s shares, worth £5.41M. The average tenure of the management team and the board of directors is 4.4 years and 5.2 years respectively.

Key information

Luis Gallego Martin

Chief executive officer

€5.5m

Total compensation

CEO salary percentage18.96%
CEO tenure5.2yrs
CEO ownership0.03%
Management average tenure4.4yrs
Board average tenure5.2yrs

Recent management updates

We Think International Consolidated Airlines Group S.A.'s (LON:IAG) CEO Compensation Looks Fair

Jun 12
We Think International Consolidated Airlines Group S.A.'s (LON:IAG) CEO Compensation Looks Fair

Recent updates

These 4 Measures Indicate That International Consolidated Airlines Group (LON:IAG) Is Using Debt Reasonably Well

Nov 27
These 4 Measures Indicate That International Consolidated Airlines Group (LON:IAG) Is Using Debt Reasonably Well

Investors Should Be Encouraged By International Consolidated Airlines Group's (LON:IAG) Returns On Capital

Oct 28
Investors Should Be Encouraged By International Consolidated Airlines Group's (LON:IAG) Returns On Capital

At UK£4.13, Is It Time To Put International Consolidated Airlines Group S.A. (LON:IAG) On Your Watch List?

Oct 10
At UK£4.13, Is It Time To Put International Consolidated Airlines Group S.A. (LON:IAG) On Your Watch List?

Benign Growth For International Consolidated Airlines Group S.A. (LON:IAG) Underpins Its Share Price

Sep 07
Benign Growth For International Consolidated Airlines Group S.A. (LON:IAG) Underpins Its Share Price

Is International Consolidated Airlines Group (LON:IAG) Using Too Much Debt?

Aug 23
Is International Consolidated Airlines Group (LON:IAG) Using Too Much Debt?

Results: International Consolidated Airlines Group S.A. Beat Earnings Expectations And Analysts Now Have New Forecasts

Aug 05
Results: International Consolidated Airlines Group S.A. Beat Earnings Expectations And Analysts Now Have New Forecasts

International Consolidated Airlines Group (LON:IAG) Is Experiencing Growth In Returns On Capital

Jul 29
International Consolidated Airlines Group (LON:IAG) Is Experiencing Growth In Returns On Capital

We Think International Consolidated Airlines Group S.A.'s (LON:IAG) CEO Compensation Looks Fair

Jun 12
We Think International Consolidated Airlines Group S.A.'s (LON:IAG) CEO Compensation Looks Fair

Is There An Opportunity With International Consolidated Airlines Group S.A.'s (LON:IAG) 48% Undervaluation?

May 28
Is There An Opportunity With International Consolidated Airlines Group S.A.'s (LON:IAG) 48% Undervaluation?

International Consolidated Airlines Group S.A.'s (LON:IAG) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

May 28
International Consolidated Airlines Group S.A.'s (LON:IAG) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

International Consolidated Airlines Group (LON:IAG) Shareholders Will Want The ROCE Trajectory To Continue

Apr 23
International Consolidated Airlines Group (LON:IAG) Shareholders Will Want The ROCE Trajectory To Continue

Benign Growth For International Consolidated Airlines Group S.A. (LON:IAG) Underpins Stock's 27% Plummet

Apr 05
Benign Growth For International Consolidated Airlines Group S.A. (LON:IAG) Underpins Stock's 27% Plummet

International Consolidated Airlines Group's (LON:IAG) Earnings Offer More Than Meets The Eye

Mar 10
International Consolidated Airlines Group's (LON:IAG) Earnings Offer More Than Meets The Eye

Earnings Update: Here's Why Analysts Just Lifted Their International Consolidated Airlines Group S.A. (LON:IAG) Price Target To UK£3.87

Mar 07
Earnings Update: Here's Why Analysts Just Lifted Their International Consolidated Airlines Group S.A. (LON:IAG) Price Target To UK£3.87

International Consolidated Airlines Group (LON:IAG) Has A Pretty Healthy Balance Sheet

Mar 04
International Consolidated Airlines Group (LON:IAG) Has A Pretty Healthy Balance Sheet

Does International Consolidated Airlines Group (LON:IAG) Deserve A Spot On Your Watchlist?

Feb 13
Does International Consolidated Airlines Group (LON:IAG) Deserve A Spot On Your Watchlist?

Is There An Opportunity With International Consolidated Airlines Group S.A.'s (LON:IAG) 48% Undervaluation?

Jan 25
Is There An Opportunity With International Consolidated Airlines Group S.A.'s (LON:IAG) 48% Undervaluation?

International Consolidated Airlines Group S.A.'s (LON:IAG) Share Price Boosted 29% But Its Business Prospects Need A Lift Too

Dec 05
International Consolidated Airlines Group S.A.'s (LON:IAG) Share Price Boosted 29% But Its Business Prospects Need A Lift Too
User avatar

Skyward Ambitions Amidst Turbulence Efficiency Gains Clash With Competitive Pressures

Focus on expanding core markets and investing in efficient aircraft underpins potential revenue growth and improved margins.

CEO Compensation Analysis

How has Luis Gallego Martin's remuneration changed compared to International Consolidated Airlines Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

€3b

Jun 30 2025n/an/a

€3b

Mar 31 2025n/an/a

€3b

Dec 31 2024€6m€1m

€3b

Sep 30 2024n/an/a

€3b

Jun 30 2024n/an/a

€3b

Mar 31 2024n/an/a

€3b

Dec 31 2023€4m€980k

€3b

Sep 30 2023n/an/a

€2b

Jun 30 2023n/an/a

€2b

Mar 31 2023n/an/a

€1b

Dec 31 2022€3m€963k

€431m

Sep 30 2022n/an/a

-€112m

Jun 30 2022n/an/a

-€2b

Mar 31 2022n/an/a

-€3b

Dec 31 2021€1m€855k

-€3b

Sep 30 2021n/an/a

-€4b

Jun 30 2021n/an/a

-€5b

Mar 31 2021n/an/a

-€6b

Dec 31 2020€846k€232k

-€7b

Compensation vs Market: Luis's total compensation ($USD6.40M) is about average for companies of similar size in the UK market ($USD6.46M).

Compensation vs Earnings: Luis's compensation has increased by more than 20% in the past year.


CEO

Luis Gallego Martin (57 yo)

5.2yrs
Tenure
€5,513,000
Compensation

Mr. Luis Gallego Martin serves as Chief Executive Officer of International Consolidated Airlines Group, S.A. since September 8, 2020. He serves as Executive Director at International Consolidated Airlines...


Leadership Team

NamePositionTenureCompensationOwnership
Luis Gallego Martin
CEO & Executive Director5.2yrs€5.51m0.030%
£ 5.4m
Nicholas Cadbury
e Group Chief Financial & Sustainability Officer3.7yrsno datano data
Jorge Saco
Chief Information2.8yrsno datano data
Stuart Morgan
Head of Investor Relationsno datano datano data
Sarah Clements
General Counsel3yrsno datano data
Jonathan Sullivan
Chief Corporate Development Officer2.3yrsno datano data
Glenn Morgan
Head of Digital Business Transformationno datano datano data
Julio Rodriguez
Chief Commercial Strategy Officer2.3yrsno datano data
Alvaro Lopez-Jorrin Hernandez
Secretary of the Board of Directors12yrsno datano data
Lynne Embleton
Chairman & CEO of Aer Lingusno datano datano data
Sean Doyle
CEO & Chairman of British Airways6.8yrsno datano data
Marco Sansavini
Chairman & CEO of Iberia5.2yrsno datano data
4.4yrs
Average Tenure
55.5yo
Average Age

Experienced Management: IAG's management team is considered experienced (4.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Luis Gallego Martin
CEO & Executive Director5.2yrs€5.51m0.030%
£ 5.4m
Lynne Embleton
Chairman & CEO of Aer Lingusno datano datano data
Sean Doyle
CEO & Chairman of British Airways6.8yrsno datano data
Marco Sansavini
Chairman & CEO of Iberia5.2yrsno datano data
Adam Daniels
Chairman & CEO of IAG Loyaltyno datano datano data
Carolina Martinoli
Chief Executive Officer and Chair of Vueling1.6yrsno datano data
Margaret Ewing
Independent Non-Executive Director6.4yrs€148.00kno data
Francisco Javier Larraz
Independent Chairman of the Board6.4yrs€668.00kno data
Lucy Shaw
Non-Executive Independent Director7.8yrs€140.00kno data
Heather McSharry
Senior Non-Executive Independent Director4.9yrs€190.00kno data
Maria Castillo Sanz
Independent Non Executive Director4.9yrs€156.00kno data
Robin Phillips
Non-Executive Proprietary Director5.2yrs€135.00kno data
5.2yrs
Average Tenure
63yo
Average Age

Experienced Board: IAG's board of directors are considered experienced (5.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/28 11:13
End of Day Share Price 2025/11/28 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

International Consolidated Airlines Group S.A. is covered by 47 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Guilherme SampaioBanco BPI, S.A.
null nullBanco de Sabadell. S.A.
Rafael Bonardell TrianesBanco de Sabadell. S.A.