IAG reports strong third quarter 2024 results |

strong third quarter earnings that beat street expectations today.  The group also announced that it would buy back €350 million of its own shares beginning next week.  Robust travel demand and strong cash generation have enabled the company to bring down debt.

The group posted an operating profit of €2.015 billion in the quarter, up 15.4% year-over-year on €9.32 billion in revenues.  CEO Luis Gallego explained that this is due to the effectiveness of our…