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IAG Shares - Sizzling Summer For Airlines As Investors Scoop Up Stocks Following Strong Earnings
Air travel demand appears to remain somewhat stabilized this year, following turbulent conditions throughout much of last year, largely driven by pent-up demand and consumers looking to take to the ...
British Airways owner IAG sees record profits as air travel recovers
Airline group IAG reported operating profits of €1.3bn (£1.1bn) after being boosted by a "strong" recovery in leisure travel. In the same period last year it had posted a loss of €446m.
IAG is ‘mindful of wider uncertainties’ despite a strong Q2
IAG beats analysts' expectations for profit in Q2 by a whopping 40%. The airline holding company still did not update its full-year outlook.
British Airways owner IAG sees record profits as air travel recovers
Airline group IAG reported operating profits of €1.3bn (£1.1bn) after being boosted by a "strong" recovery in leisure travel. In the same period last year it had posted a loss of €446m.
Is IAG's record performance sustainable?
Proactive Investors - British Airways owner International Consolidated Airlines Group (LON: ICAG) SA (LSE:IAG) soared to new heights in the first half of 2023 but while the shares took off today they ...