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Evening Standard
Evening Standard
Neil Lancefield

British Airways owner IAG records surge in earnings

The owner of airlines British Airways and Aer Lingus has said its earnings soared in recent months due to ‘the effectiveness of our strategy and group-wide transformation’ (Steve Parsons/PA) - (PA Archive)

The owner of airlines British Airways and Aer Lingus has said its earnings soared in recent months due to “the effectiveness of our strategy and group-wide transformation”.

International Airlines Group (IAG) reported an operating profit for the first three months to the end of September of 2.0 billion euro (£1.7 billion), up 15.4% from 1.7 billion euro (£1.4 billion) a year ago.

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