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IAG Shares Rise As FTSE 100 Travel Giant Beats Forecasts In Q1


Published on 2025-05-09 05:06:33 - Forbes
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  • The British Airways owner saw revenues leap 9.6% between January and March, to
  • 7 billion. Operating profit surged to
  • 198 million from
  • 68 million over the period.

On May 9, 2025, shares of International Consolidated Airlines Group (IAG), the parent company of British Airways and Iberia, rose after the company reported first-quarter results that surpassed market expectations. IAG announced a significant increase in passenger revenue, driven by strong demand for travel across its network, particularly on transatlantic routes. The company also highlighted improved operational efficiency and a reduction in net debt, which contributed to a more positive outlook for the full year. Despite these gains, IAG cautioned that challenges such as rising fuel costs and potential economic slowdowns could impact future performance. The positive Q1 results and the company's strategic initiatives have bolstered investor confidence, leading to a favorable response in the stock market.

Read the Full Forbes Article at:
[ https://www.forbes.com/sites/roystonwild/2025/05/09/iag-shares-rise-as-ftse-100-travel-giant-beats-forecasts-in-q1/ ]

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