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    BA owner raises profit forecasts as airline revenues return to pre-Covid levels

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    By News Desk on October 28, 2022 News Briefing, UK News
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    IAG says leisure holidays main driver of resurgence while business travel continues to recover

    Airline revenues at British Airways’ owner have returned to pre-Covid levels, the group has announced, as it increased its profit forecasts despite a summer of disruption.

    Higher fares drove IAG’s revenues for the last quarter above €7.3bn, despite the cap on flying imposed at its main base, London Heathrow airport, and the continued closure of key routes to Asia.

    Continue reading…

    ​IAG says leisure holidays main driver of resurgence while business travel continues to recoverAirline revenues at British Airways’ owner have returned to pre-Covid levels, the group has announced, as it increased its profit forecasts despite a summer of disruption.Higher fares drove IAG’s revenues for the last quarter above €7.3bn, despite the cap on flying imposed at its main base, London Heathrow airport, and the continued closure of key routes to Asia. Continue reading… 

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