British Airways owner IAG sees profits soar as fuel costs fall and passenger revenue rises

PROFITS took off at BRITISH AIRWAYS owner IAG last year as fuel costs shrank and it made more money from customers.

Passenger revenue increased by 3.1 per cent, while fuel overheads fell by 5.2 per cent.

That helped profits surge more by a fifth to £3.6billion as travel demand stayed strong through the year.

IAG’s airlines, which also…