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International Business Times
International Business Times
Business
Roland JACKSON

British Airways Owner IAG, Air France-KLM Post Bumper Profits

The aviation sector is now flying at cruising altitude on pent-up demand after emerging from the dark days of Covid, which sparked lockdowns and grounded airlines (Credit: AFP)

Europe's aviation industry extended a bounceback from the Covid pandemic on Thursday, as British Airways owner IAG and Franco-Dutch rival Air France-KLM posted bumper 2023 profits.

The sector is now flying at cruising altitude on pent-up demand after emerging from the dark days of Covid, which sparked lockdowns and grounded airlines, sparking thousands of job cuts.

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