BA owner IAG to launch low-cost flights from Barcelona in June

BA owner IAG said it will launch a new low-cost, long-haul airline with flights from Barcelona to the Americas, in response to rising budget competition on transatlantic routes. Long-established airlines like American Airlines Group and Delta are finding their formerly lucrative transatlantic routes tougher amid rising competition from budget newcomers like fast-expanding Norwegian Air Shuttle, WestJet and Wow Air. IAG's new airline, Level, will start in June with flights from Barcelona to Los Angeles, San Francisco, Buenos Aires and Punta Cana, it said Friday. Level will start flying with two new Airbus A330 aircraft and initially will be operated by Iberia's flight and cabin crew. <br/>
Reuters
http://www.reuters.com/article/iag-lowcost-idUSL3N1GU4F8
3/17/17