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The Guardian - UK
The Guardian - UK
Business
Gwyn Topham Transport correspondent

British Airways owner announces record profits for first half of 2023

Sunlight illuminates the tailfins of British Airways aircraft at Terminal 5 in Heathrow airport
BA was forced to cancel thousands of flights over the summer due to labour shortages, especially at its main Heathrow hub. Photograph: Adrian Dennis/AFP/Getty Images

International Airlines Group has announced record profits for the first half of 2023, with air fares up almost 10% on last year.

The British Airways owner said it expected its flight capacity across the group to recover to pre-pandemic levels by the end of the year, with booming demand pushing it to a half-yearly operating profit of €1.3bn (£1.1bn) from losses of €446m (£383m) for the first six months of 2022.

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