• 09/22/2024

IAG Returns to Profit as Demand Rebounds

Wall Street Journal

IAG reported a surprise underlying profit of €9 million in the first quarter and raised its earnings guidance for the year on strong demand, with 2023 capacity seen at around 97% of prepandemic levels.

https://www.wsj.com/articles/iag-raises-2023-guidance-after-consensus-beating-swing-to-1q-operating-profit-bace706d