Transatlantic ticket sales lift British Airways and IAG to ever higher annual profits

The bulk of IAG’s profit was driven by British Airways, which contributed £2bn to its parent group’s coffers. Photograph: Andy Rain/EPA

Booming transatlantic ticket sales have lifted British Airways and its parent group to ever higher annual profits.

International Airlines Group, led by BA, announced post-tax profits edging up to €2.73bn (£2.26bn) for 2024, with operating profits up by 22% on the previous bumper year to €4.3bn (£3.55bn), as passenger numbers continued to rebound from the Covid-era collapse.