IAG, the owner of British Airways, has reported an annual operating profit before exceptional items of 5.02 billion euros, surpassing analyst expectations.
This figure represents a 13% increase from the previous year's adjusted operating profit of 4.44 billion euros. The company benefited from reduced fuel costs and strong performance on its transatlantic routes, particularly in premium services.
The report also noted corrections to previous figures, clarifying the profit rise to 13% and the operating profit to 5.02 billion euros.
Data sourced from public RSS feeds and News APIs.
