IAG hails jump in first half profit
British Airways parent IAG saw a jump in second quarter operating profit.
Group revenue was up 8% for the January-June period year-on-year.
For the second quarter specifically, it increased 6.8% to €8.86 billion.
This ‘reflects strong demand for our network and brands,’ it said.
IAG also owns Vueling and Irish airline Aer Lingus.
“Our strong performance reflects the resilience of demand for travel,” IAG chief executive Luis Gallego said.
“We continue to benefit from the trend of a structural shift in consumer spending towards travel.”
IAG is upbeat on ‘delivering good earnings growth’ for the full year, despite the ‘geopolitical and macroeconomic backdrop.’
Looking ahead, IAG said it is 57% booked for the second half of the year.
“Demand in our core markets of North Atlantic, Latin America and Europe is robust, with strength in our premium cabin partially mitigating some softness in US point-of-sale economy leisure.”
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
France prepares for a massive strike across all transports on September 18
Turkish tourism stalls due to soaring prices for accommodation and food
CCS Insight: eSIMs ready to take the travel world by storm
Germany new European Entry/Exit System limited to a single airport on October 12, 2025
Airlines suspend Madagascar services following unrest and army revolt