IAG, which also owns Aer Lingus, Iberia and Vueling, reversed its fortunes this summer thanks to strong demand from holidaymakers during the quarter from July to September. The company had made a loss of €452 million for the same period of 2021.
Leisure demand powers BA owner to €1.2bn summer profit
Air
Rob Gill
28 October 2022
British Airways’ owner IAG made a profit of €1.2 billion in the key summer months as leisure traffic bounced back to pre-Covid levels, despite having to cut flights from Heathrow.
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