British Airways owner sees profit jump on 'strong' demand / Photo: © GETTY IMAGES NORTH AMERICA/AFP/File
-
Silencing World Cup hotshot Haaland vital, says England's O'Reilly
-
Leonard return to Raptors on hold pending Clippers probe
-
Australian sprint sensation Gout Gout set to miss rest of season
-
US pushes for weaker truck pollution rules
-
England thrash India by nine wickets for T20 series win
-
Black and cream and very Roman at Fendi haute couture show
-
Wimbledon run came 'out of nowhere', says finalist Noskova
-
Spain keeping opposition far from goal at World Cup, says 'keeper Garcia
-
India captain Kaur hopes Lord's Test can offset World Cup woes
-
Czech mates Muchova and Noskova to clash in Wimbledon final
-
China factory fire kills at least 28 people
-
Bayeux Tapestry begins epic journey from France to London: source
-
Dubai Police Unveil Next Generation of ‘Ghiath’ Smart Patrols Powered by BYD
-
King in shades braves heat to visit London zoo
-
Djokovic faces Sinner showdown, Fery eyes Wimbledon final
-
Gauff expecting hate messages after Wimbledon loss
-
Noskova books all-Czech Wimbledon final clash with Muchova
-
US star Pulisic fractured leg in Belgium loss: team
-
England's Quansah handed two-game World Cup ban
-
Pogacar, like Jordan, Bolt or Djokovic?
-
UK sets record for number of days over 34C
-
Ex-Puma Urdapilleta shuns retirement to play on at 40
-
Haaland relishing 'special' World Cup showdown with England
-
Keep me away from the pool, Kipyegon tells triathlete Beaugrand
-
FIFA lashes 'unfounded allegations' after Argentina-Egypt clash
-
Nerves high in Kyiv as Russia escalates missile attacks
-
'Only revenge': Iran mourners defiant at Khamenei burial
-
Stars pay tribute to 'Total Eclipse' singer Bonnie Tyler, who has died at 75
-
Pogacar reclaims Tour de France yellow jersey with stage six win
-
'I'm ready to roll' - hungry Duplantis still motivated
-
US existing home sales dip in June as cost worries persist
-
Muchova beats Gauff in thriller to reach first Wimbledon final
-
Russia subjecting 1.6 million Ukrainian children to military brainwashing: OSCE report
-
One revolver, six bullets: Turkish president's 'unusual' gift to NATO leaders
-
Strengthening El Nino likely to 'rank among largest' on record: US agency
-
Kicking off: New York football enthusiasts defy pitch shortage
-
Jorge Jesus to take over as Portugal coach after World Cup exit
-
Fendi shows haute couture in Rome with nod to Lagerfeld
-
Ebola outbreak is 'fastest growing ever' as 600 die
-
Olympic sprint champs Alfred, Thomas bid for work-life balance
-
Stocks shrug off tensions to rise on renewed tech interest
-
How NATO leaders reacted to Erdogan's revolver gift
-
Hong Kong welcomes dogs into restaurants, to pet owners' delight
-
Union warns of 'conflict' as Volkswagen eyes mass job cuts
-
England recall Slade for Fiji as pressure mounts on Borthwick
-
Chemical weapons watchdog reinstates Syria
-
Lock Petti to become latest Argentina centurion in Nations Championship Test
-
Cocoa lynchpin sees chocolate lovers make hesitant return
-
EU parliament greenlights digital euro
-
French yachtswoman set to break new barriers in Route du Rhum
British Airways owner sees profit jump on 'strong' demand
IAG, the owner of British Airways and Spanish carrier Iberia, said Friday that its net profit jumped 44 percent in the first six months of the year on "strong demand".
Profit after tax came in at 1.3 billion euros ($1.5 billion) compared with 905 million euros in the first half of 2024, IAG said in a statement.
Group revenue increased eight percent to 15.9 billion euros in the January-June period year-on-year, "reflecting strong demand for our network and brands", it added.
The company, which in May announced a multi-billion-dollar order for Boeing and Airbus planes, owns also Spanish carrier Vueling and Irish airline Aer Lingus.
"Our strong performance in the first half of 2025 reflects the resilience of demand for travel," IAG chief executive Luis Gallego said in Friday's statement.
"We continue to benefit from the trend of a structural shift in consumer spending towards travel," he added.
IAG expressed confidence "in delivering good earnings growth" for the full year, "whilst being mindful of the ongoing uncertainty that may result from the geopolitical and macroeconomic backdrop".
R.Adler--BTB