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The Independent UK
The Independent UK
National
Alastair Jamieson

British Airways parent IAG sees record profits from higher fares despite IT meltdowns

PA Archive

British Airways parent company IAG made record profits in the first half of 2023 amid soaring fares and high demand – and despite operational meltdowns at the carrier linked to creaking IT systems.

Operating profits at the group – which also includes Aer Lingus, Iberia, and Vueling – reached £1.1bn from January to June, up from a loss of £383m in the same period last year.

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