- British Airways’ operating profit up 52 per cent
- Leading sector operating margin
International Consolidated Airlines Group (IAG) announced a new €1bn (£828mn) buyback programme after its annual profit surged on the back of a strong performance from British Airways.
Operating profit before exceptional items rose 27 per cent to €4.4bn as capacity grew 6 per cent and fuel unit costs dropped 5 per cent. The results outstripped market expectations, given analysts had…
