IAG

British Airways’ parent company International Airlines Group (IAG) has revealed a 35% slump in profits because of soaring fuel costs. (Photo by Yui Mok/PA Wire)

British Airways’ parent company sees profits slump
British Airways’ parent company International Airlines Group (IAG) has revealed a 35 per cent slump in profits because of soaring fuel costs.

British Airways’ parent company warned its profits will be hit as it expects to spend about two billion euros (£1.72 billion) more than planned on fuel this year amid the Iran oil crisis. (Photo by Yui Mok/PA Wire)

IAG set for profit hit as it spends £1.72bn more on fuel

British Airways owner International Airline Group (IAG) reported a 2.0% increase in third quarter earnings to 2.05 billion euros (£1.80 billion). That is up from 2.01 billion euros (£1.77 billion) a year ago. ( Photo by Steve Parsons/PA Wire)

Shares in British Airways’ owner IAG drop

British Airways’ parent company has bought 32 new Boeing planes from the US, following the country’s trade agreement with the UK on Thursday. (Photo by PA Media)

British Airways owner IAG buys 32 new Boeing planes from US

British Airways flights operating between Edinburgh and London Heathrow on Friday have been cancelled. Picture: Steve Parsons/PA Wire

British Airways’ parent company records surge in profits

The owner of airlines British Airways and Aer Lingus has said its earnings soared in recent months due to “the effectiveness of our strategy and group-wide transformation”. (Photo by Steve Parsons/PA Wire)

British Airways owner IAG's earnings soared in recent months

British Airways owner IAG has returned to profit as the airline industry continues to rebound from Covid-19.

British Airways owner IAG returns to profit

British Airways' parent company is set to return to profit for the past year as it continues its turbulent recovery. Picture: British Airways

British Airways owner IAG set to rebound to profit

British Airways’ owner International Consolidated Airlines Group (IAG) has returned to profit for the first time since the start of the coronavirus pandemic.

British Airways’ owner IAG back in profit for first time since start of pandemic

British Airways owner IAG is not forecasting a material impact from what it called “recent geopolitical developments”, as Ukrainian airspace was closed during Russia’s attack on the country.

British Airways owner IAG does not predict Ukraine impact in its outlook

Charges are generally passed on to passengers in air fares (Photo: Getty Images)

Heathrow passengers to face 50% hike in charges from next month

The boss of British Airways, Aer Lingus and Iberia owner IAG said he is seeing a “significant recovery” as passengers return to flying again with lockdown restrictions easing.

British Airways owner enjoys boost from long-haul bookings

Flight schedules are being ramped up by British Airways' parent company IAG.

Why the British Airways owner is ramping up flight schedules

Ibiza could be among the Spanish holiday islands moved to the amber travel list (Shutterstock)

These popular Spanish holiday islands ‘could be moved onto the amber travel list...

Library image of tail fins of British Airways' aircraft parked at Terminal One of Heathrow Airport

BA owner IAG suffers large loss in 2020

An aircraft takes off from Leeds Bradford Airport.

Meet the new CEO of Leeds Bradford Airport

British Airways will test passengers for Covid-19 to ‘prove quarantine is unnece...

British Airways’ parent company IAG has published its latest results.

British Airways’ owner records £5.6bn loss due to Covid-19

British Airways is operating around a quarter of its normal schedule

BA boss Alex Cruz shown the door amid coronavirus crisis

File photo of tail fins of British Airways' aircraft parked at Terminal One of London's Heathrow Airport. British Airways' treatment of its workforce during the coronavirus pandemic "is a national disgrace", MPs claimed. Photo: PA

Treatment of BA staff a 'national disgrace', say MPs

British Airways has grounded all of its planes from Gatwick Airport (Photo: Shutterstock)

British Airways has cancelled all flights out of Gatwick Airport - your refund r... Claire Schofield

Getty Images picture

Coronavirus sees British Airways and easyJet ground masses of flights

These are the airlines cancelling hundreds of flights because of coronavirus

British Airways has delivered a trading update Picture: PA

This how much the summer of strike action cost British Airways' owner

Lengthy queues for UK holidaymakers landing at popular European airports

A British Airways Boeing 777 taking off. British Airways owner IAG has reported a surge in profits, despite taking a hit from a major IT failure that caused travel chaos for tens of thousands of passengers in May. PRESS ASSOCIATION Photo. Issue date: Friday July 28, 2017. International Airlines Group (IAG) said operating profit before exceptional items rose 37% to 975 million euros (Â£871 million) in the six months to June 30 as it was helped by lower fuel costs and a strong Easter. Photo: Tim Ockenden/PA Wire

IAG reports surge in profits

Heathrow confident over landing charges freeze despite expansion costs

Morrisons has jacked up the price of Marmite by 12.5%, weeks after a public spat between Tesco and Unilever

Morrisons hikes Marmite price by 12.5%

The cost of foreign holidays is predicted to rocket following the Leave vote.

How will EU exit affect my summer holiday?

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Lower fuel prices help profits take-off at British Airways owner

The board of Ryanair has agreed to sell its stake in Aer Lingus.

Ryanair decision opens the way for IAG takeover of Aer Lingus

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IAG extends lead over rivals
BRITISH AIRWAYS owner International Airlines Group increased its 2015 profit forecast by more than 20 per cent, sending its shares to an all-time high.
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