Business · 11 hours ago

IAG's quarterly profit falls 12.9% as jet fuel costs jump

Graphic: BriefTea

IAG, the group that owns British Airways, Aer Lingus and Iberia, now expects its fuel bill for the full year to reach 8.9 billion euros. A Nats air traffic control failure on 8 September cost the group up to 30 million euros. Chief executive Luis Gallego described the prospects for the remainder of the year and the start of next year as "positive".

By BriefTea Editorial · 7 November 2026 at 6:19

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