British Airways Owner IAG Reports Soaring First-Quarter Profits
International Airlines Group (IAG), the parent company of British Airways and Iberia, has announced a significant surge in profits for the first quarter of 2024. The group reported pre-tax profits of €68 million, a substantial increase from the €9 million recorded during the same period last year. This growth is driven by strong and sustained demand for leisure travel across all its airlines. IAG's CEO, Luis Gallego, expressed confidence in the outlook for the summer season. The company is also focusing on investing in its brands to enhance customer experience and operational performance.
Official Source: https://www.bbc.com/news/articles/cj4pzwg2ddlo?at_medium=RSS&at_campaign=rss
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