Group Investments Continued

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218 Group investments continued Country of Percentage of Name and address Principal activity Incorporation equity owned Santain Developments Limited Republic Dublin Airport, Dublin of Ireland 100% Shinagh Limited Republic Dublin Airport, Dublin of Ireland 100% Speedbird Insurance Company Limited* Canon’s Court, 22 Victoria Street, Hamilton, HM 12 Insurance Bermuda 100% Teleﬂight Limited Waterside, PO Box 365, Harmondsworth, UB7 0GB England 100% The Plimsoll Line Limited* Holding Waterside, PO Box 365, Harmondsworth, UB7 0GB company England 100% Veloz Holdco, S.L. Pla de l’Estany 5, Parque de Negocios Mas Blau II, El Prat de Llobregat, Barcelona, 08820 Spain 100% Vueling Airlines, S.A.* Pla de l’Estany 5, Parque de Negocios Mas Blau II, El Prat de Llobregat, Airline Barcelona, 08820 operations Spain 99% British Mediterranean Airways Limited Waterside, PO Box 365, Harmondsworth, UB7 0GB England 99% Compañía Auxiliar al Cargo Exprés, S.A.* Cargo Centro de Carga Aérea, Parcela 2-5 Nave 6, Madrid, 28042 transport Spain 75% Airport Iberia Desarrollo Barcelona, S.L.* infrastructure Torre Tarragona, Planta 15, Calle Tarragona 161, Barcelona, 08014 development Spain 75% Airport logistics and Auxiliar Logística Aeroportuaria, S.A.* cargo terminal Centro de Carga Aérea, Parcela 2-5 Nave 6, Madrid, 28042 management Spain 75% * Principal subsidiaries 1 The Group holds 49.9% of the total number of voting rights and 99.65% of the total nominal share capital in British Airways Plc, such stake having almost 100% of the economic rights. The remaining nominal share capital and voting rights, representing 0.35% and 50.1% respectively, correspond to a trust established for the purposes of implementing the British Airways nationality structure. 2 The Group holds 49.9% of the total nominal share capital and the total number of voting rights in IB Opco Holding, S.L. (and thus, indirectly, in Iberia Líneas Aéreas de España, S.A. Operadora), such stake having almost 100% of the economic rights in these companies. The remaining shares, representing 50.1% of the total nominal share capital and the total number of voting rights belong to a Spanish company incorporated for the purposes of implementing the Iberia nationality structure. INTERNATIONAL AIRLINES GROUP Annual Report and Accounts 2016.

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