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The Independent UK
The Independent UK
Travel
Simon Calder

British Airways parent company predicts big profits in 2023

British Airways Luis Gallego Aer Lingus Air Europa Iberia Madrid
Simon Calder

IAG, the company that owns British Airways, Aer Lingus, and Iberia and Vueling of Spain, says it saw a “strong recovery” during 2022.

BA’s parent company turned a 2021 operating loss of €2.8bn (£2.5bn) into an operating profit of €1.3bn (£1.1bn) last year.

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