Monday August 3, 2020

IAG raises full-year profit guidance

1st November, 2015
IAG chief executive Willie Walsh says Aer Lingus is ‘a great asset’

IAG, which owns British Airways and Iberia, and recently bought Aer Lingus has said that it expects to generate an operating profit of between €2.25 billion and €2.3 billion for the full year, excluding Aer Lingus.

“Aer Lingus made an operating profit of €45 million since it joined IAG on August 18. While the airline’s profitability is seasonal, Aer Lingus is cost-effective and provides a natural gateway to build our business between Europe and North...

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