IAG Reports Soaring Profits Amidst Robust Leisure Travel Demand

Despite a slow recovery in business travel, IAG capitalizes on strong leisure bookings and lower fuel costs.

IAG's operating profit for Q1 reached €68 million, marking a significant increase from the previous year.
Leisure travel surge boosts premium cabin occupancy, with British Airways experiencing record levels on North Atlantic flights.
Corporate travel lags, with British Airways at 70% of pre-Covid levels, influenced by widespread work-from-home policies.
Strategic acquisitions and market focus poised to strengthen IAG's position in key global regions.
Debt reduction and operational efficiencies contribute to IAG's optimistic outlook for the upcoming summer season.