Feb 28 (Reuters) – British Airways owner IAG
launched a 1-billion-euro ($1.04 billion) share buyback plan on
Friday after it reported a 27% jump in annual operating profit,
beating market expectations.
The carrier reported adjusted operating profit of 4.44
billion euros. Analysts had expected 4.08 billion euros,
according to a company-compiled poll.
“These results highlight the…effectiveness of our
strategy, underpinned by the successful execution of…
