IAG, which also owns Aer Lingus and Iberia, said it now expected operating profit for the three months from July to September to be around €1.2 billion.
“Trading during the third quarter has been better than expected due to passenger revenue strength,” said the company in a statement to investors.
“Forward bookings remain at expected levels for the time of year, with no indication of weakness, and accordingly our fourth-quarter expectations remain unchanged as of today.”
Following the statement, IAG’s shares on the London Stock Exchange rose from £1 to around £1.10 at the opening of trading on Friday (14 October).
