Overview

• 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.