Copyright ittn
Airline group IAG – which owns Aer Lingus, British Airways, Iberia, Vueling and LEVEL – has said it remains on track to deliver “another year of revenue and earnings growth” following a strong showing in the third quarter of the year. The three months to the end of September showed a group-wide combined operating profit of just over €2bn, which was up 2% year-on-year, and a €177m surge in passenger revenues. On outlook, IAG said in its third quarter statement: “Our revenue is positively booked for the fourth quarter. We are on track to deliver another year of revenue and earnings growth, margin progress and strong shareholder returns. Demand for travel remains strong. We are well positioned, with a strong business model with great brands and a best-in-class network, whilst being mindful of the macroeconomic and geopolitical backdrop. We are executing on our strategy and continuing to build a business that will deliver sustainable value creation through the cycle.” Luis Gallego, IAG Chief Executive, added: “We delivered a strong performance in the third quarter and remain on track to deliver another year of growth in revenues, profit and shareholder returns. “So far this year we have grown our operating profit by 18% and adjusted earnings per share by 27% and increased our interimdividend. Having nearly completed a €1 billion share buyback, we intend to update the market about further shareholder returnswhen we report our 2025 full year results in February.“We remain focused on long-term value creation for our shareholders, helping to deliver our financial ambitions through disciplinedinvestment for the future to improve customer experience and operational efficiencies.” Over the first nine months of 2025, IAG has already seen a near 19% year-on-year jump in total group revenues and a near 5% surge in operating profits.
