International Airlines Group (IAG), the parent company of Iberia and Vueling, reported a 20% decrease in profits, earning 1.033 billion euros in the first half of the year, primarily impacted by increased fuel costs attributed to the crisis in Iran.

IAG enjoys record operating profits on margins of more than 15% at British Airways and sister airline Iberia British Airways’ owner, International Airlines Group (IAG), has announced a sharp rise in annual profits to almost £4bn despite carrying slightly fewer passengers in 2025. Pre-tax profits across the group increased by 20% to €4.5bn (£3.9bn), with record operating profits on margins of more than 15% at BA and its sister airline Iberia. Continue reading...