International Airlines Group (IAG), the parent company of British Airways, Iberia and Aer Lingus, has launched IAGi Ventures, a corporate venture arm, and renamed external innovation brand Hangar 51 as IAGi.
IAGi Ventures will invest up to €200 million over the next five years, with a focus on early-stage opportunities.
“We want to be at the forefront of innovation in the aviation industry, leveraging cutting-edge technology and new strategies to…