- British Airways owner IAG (LON:IAG) has seen strong passenger revenue and third quarter trading has been better than expected
- Now expects operating profit for the third quarter to be in the region of €1.2bn
- IAG shares rose 9% on the news
IAG – Welcome Relief For Bruised Long-Hauler
Sophie Lund-Yates, Equity Analyst at Hargreaves Lansdown:
“Despite the rampant cost-of-living pressures facing consumers, the British Airways ticket desk has been keeping very busy…