The International Airlines Group intends that the low-cost brand Level will no longer be operated by Iberia in the future, but will operate on the market as a fully-fledged airline under its own certificates. The company is currently in the approval phase. It is expected that the AOC and operating license will be granted by the Spanish authorities "shortly". The flight operations that are currently being carried out by Iberia for Level will then be carried out independently. The International Airlines Group does not want to go into this in more detail, as this fact was only mentioned in passing during the capital market day. In the past, there were already two dedicated Level flight operations. On the one hand, there was the French Openskies, which was completely converted to the Level brand. This former IAG subsidiary was responsible for operating the low-cost long-haul flights from Paris-Orly. During the Corona pandemic, it was decided that these would be abandoned due to ongoing losses. Openskies was subsequently sent into voluntary liquidation because no interested buyer was found. On the other hand, a subsidiary airline was maintained in Vienna under the name Level Europe GmbH (formerly Anisec Luftfahrt GmbH). In addition to the Austrian capital, this was also briefly represented with a base in Amsterdam-Schiphol. The carrier was never successful because from the beginning there were massive problems in utilising the aircraft, which could possibly also have been due to the strong competition. At the beginning of the Corona pandemic, the then Kurz government considered and briefly negotiated that a successor to Austrian Airlines could be created on the basis of Level Europe in cooperation with IAG. Ultimately, however, it was decided to give the