IAG SA, the owner of British Airways, posted third-quarter earnings that beat estimates on higher demand for trans-Atlantic routes https://t.co/r8vQvZ5S5i
IAG Earnings Soar Above Market Views on Strong Demand https://t.co/Nce5Vplui8
IAG SA, the owner of British Airways, posted third-quarter earnings that beat estimates on higher demand for trans-Atlantic routes https://t.co/n7j34sSXSS
IAG SA, the owner of British Airways, reported third-quarter earnings that exceeded market estimates due to strong demand for trans-Atlantic routes. The company posted revenues of EUR 9.33 billion, surpassing the estimated EUR 9.22 billion. Adjusted net income was EUR 1.44 billion, beating the forecasted EUR 1.32 billion. Additionally, IAG's adjusted operating profit reached EUR 2.01 billion, higher than the expected EUR 1.78 billion. The company also revised its full-year capital expenditure forecast to approximately EUR 3.1 billion from a previous estimate of EUR 3.7 billion.
