• 11/26/2024

IAG Profit Beats Forecasts, Sees Strong Outlook

Wall Street Journal

IAG reported a sharply-higher adjusted operating profit of €1.3 billion and said its outlook for summer was encouraging, with around 80% of its expected revenue already booked, while full-year capacity was seen around 97% of pre-Covid-19 levels.

https://www.wsj.com/articles/iag-swung-to-1h-net-profit-on-strong-demand-outperformance-of-spanish-business-fdb6bb5f