Write an article about IAG said its revenue grew 8% year-on-year to €15.9 billion between January and June. (Reuters pic)
LONDON: IAG, the owner of British Airways and Spanish carrier Iberia, said Friday that its net profit jumped 44% in the first six months of the year on “strong demand”.
Profit after tax came in at €1.3 billion (US$1.5 billion) compared with €905 million in the first half of 2024, IAG said in a statement.
Group revenue increased 8% to €15.9 billion in the January-June period year-on-year, “reflecting strong demand for our network and brands”, it added.
The company, which in May announced a multi-billion-dollar order for Boeing and Airbus planes, also owns Spanish carrier Vueling and Irish airline Aer Lingus.
“Our strong performance in the first half of 2025 reflects the resilience of demand for travel,” IAG chief executive Luis Gallego said in Friday’s statement.
“We continue to benefit from the trend of a structural shift in consumer spending towards travel,” he added.
IAG expressed confidence “in delivering good earnings growth” for the full year, “whilst being mindful of the ongoing uncertainty that may result from the geopolitical and macroeconomic backdrop”.
in 1000-1500 words .Organize the content with appropriate headings and subheadings (h1, h2, h3, h4, h5, h6), Retain any existing tags from
IAG said its revenue grew 8% year-on-year to €15.9 billion between January and June. (Reuters pic)
LONDON: IAG, the owner of British Airways and Spanish carrier Iberia, said Friday that its net profit jumped 44% in the first six months of the year on “strong demand”.
Profit after tax came in at €1.3 billion (US$1.5 billion) compared with €905 million in the first half of 2024, IAG said in a statement.
Group revenue increased 8% to €15.9 billion in the January-June period year-on-year, “reflecting strong demand for our network and brands”, it added.
The company, which in May announced a multi-billion-dollar order for Boeing and Airbus planes, also owns Spanish carrier Vueling and Irish airline Aer Lingus.
“Our strong performance in the first half of 2025 reflects the resilience of demand for travel,” IAG chief executive Luis Gallego said in Friday’s statement.
“We continue to benefit from the trend of a structural shift in consumer spending towards travel,” he added.
IAG expressed confidence “in delivering good earnings growth” for the full year, “whilst being mindful of the ongoing uncertainty that may result from the geopolitical and macroeconomic backdrop”.
and integrate them seamlessly into the new content without adding new tags. Include conclusion section and FAQs section at the end. do not include the title. it must return only article i dont want any extra information or introductory text with article e.g: ” Here is rewritten article:” or “Here is the rewritten content:”