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

BA owner raises profit forecasts as airline revenues return to pre-Covid levels

Line of British Airways planes near runway
BA is opening new routes again and has recruited nearly 6,000 staff as Covid setbacks ease. Photograph: Steve Parsons/PA

Airline revenues at British Airways’ owner have returned to pre-Covid levels, the group has announced, as it increased its profit forecasts despite a summer of disruption.

Higher fares drove IAG’s revenues for the last quarter above €7.3bn, despite the cap on flying imposed at its main base, London Heathrow airport, and the continued closure of key routes to Asia.

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