International Consolidated Airlines Group (IAG) has appointed Deutsche Bank as depositary bank for its sponsored Level I American Depositary Receipt (ADR) program.
IAG is an airline groups with 408 aircraft flying to 200 destinations and carrying more than 55 million passengers each year. Established in January 2011, IAG is the holding company of British Airways and Iberia Lineas Aereas de Espana.
IAG is a Spanish registered company with shares traded on both the London and Spanish Stock Exchange.
Deutsche Bank Head of Global Equity Services Akbar Poonawala said we look forward to working with IAG to further enhance its ADR investor relations and to develop the program further.
