Luis Gallego

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

British Airways (BA) is expected to reveal a jump in profit next week after more customers chose to take to the skies last year while oil prices slumped, cutting costs for the airline. Its parent company, International Airlines Group (IAG) reports its annual results on Friday February 28, where it is expected to say profit surged by 15% to 4.1 billion euros (£3.4 billion). (Photo by Gareth Fuller/PA Wire)

British Airways owner set to reveal soaring profit

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

The owner of airlines British Airways and Aer Lingus has said its earnings have soared in recent months thanks to higher sales and lower fuel costs. Photo: Steve Parsons/PA Wire

British Airways and Aer Lingus owner sees earnings soar as fuel prices drop

The parent company of British Airways made a record operating profit between January and June, it has announced. (Photo by Nicholas.T.Ansell/PA Wire)

British Airways’ parent company reports record operating profit as fares soar

British Airways’ parent company returned to an operating profit between January and March for the first time since before the pandemic, the company has announced.

British Airways’ parent company returns to quarterly operating profit

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

The owner of British Airways and Iberia has seen its revenues recover to pre-pandemic levels and revealed it returned to profit in the third quarter.

British Airways owner buoyed by leisure travel resurgence

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

Pre-tax losses for International Airlines Group (IAG) hit £916 million, although this was an improvement of the £1.2 billion loss in the same period a year ago.

British Airways' parent company records heavy loss

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

A line of British Airways planes at London City Airport

British Airways owner continues to rack up big losses

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
British Airways' chief executive Alex Cruz has been shown the door as the airline struggles to cope with the coronavirus pandemic.
Ros Snowdon

The British Airways owner has taken a big hit from Covid-19.

British Airways owner reveals true impact of disruption

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