Aer Lingus and British Airways owner IAG has reported a strong financial performance for 2024; posting a 9% growth in group revenue and a near 27% increase in profit.
The airline group – which also owns Spanish carriers Iberia, Vueling and LEVEL – said operating profit rose to just over €4.4bn, with revenue up to €32bn; driven by strong leisure passenger business and a recovery in business travel demand.
IAG is also set to return €1bn to shareholders over the coming 12 months through a share buyback programme.
Luis Gallego, IAG Chief Executive, said: “These results highlight the quality of our businesses and effectiveness of our strategy, underpinned by the successful execution of our transformation programme…
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
Read moreDetails
