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IAG reports strong third quarter 2024 results

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IAG, International Consolidated Airlines Group, reported strong third quarter earnings that beat street expectations today.  The group also announced that it would buy back €350 million of its own shares beginning next week.  Robust travel demand and strong cash generation…

Record-result Iberia benefits IAG HY1 profits

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Strong results at Iberia and British Airways have helped to boost International Airlines Group’s (IAG) operating profit of €1.3 billion euros in HY1. Traffic on routes to North and South America was particularly strong and should have fully recovered to pre-pandemic…

IAG produces small Q1 operating profit

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International Airlines Group (IAG) produced its first Q1 operating profit since Q1 2019, although it was just €9 million. But the airline group is bullish about the rest of the year and expects a significantly higher operating profit before special items…