IAG returned to profit in the second quarter as its Iberia and Vueling airlines were boosted by post-Covid pandemic demand.
The company on Friday said operating profits for the three months to June 30 came in at €293m, compared with a loss of €967m a year earlier. IAG, which also owns British Airways, posted an operating loss for the half year of €438m, significantly lower than 2021’s €2.03bn.
Reporting by Frank Prenesti at Sharecast.com
