IAG reports €2.6bn losses for 2021

Airline group that owns Aer Lingus secured additional €4.4 billion of non-aircraft debt in 2021, but cast doubt over its ability to secure any further funding in the event of ‘a more severe downward scenario’ in the future

Decreased passenger revenues were largely influenced by pandemic-related passenger restrictions around the world that began to lift during 2021, IAG said. Picture: Getty