Is British Airways Back? – by Brian Sumers

Dear readers,

Air France-KLM struggled this summer with the Olympics in Paris and higher costs in Amsterdam, while Lufthansa Group recently admitted in an investor letter that its results “deteriorated significantly in the first nine months of 2024.” Yet International Airlines Group continues to report robust profits, despite some choppiness in Dublin.

The group’s third quarter numbers were impressive, especially considering the so-so results of its competitors. IAG’s operating margin rose…