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British Airways-owner IAG says business travel recovering

05/06/2022

Less than a minute

2022.05.06 09:31

British Airways-owner IAG says business travel recovering
FILE PHOTO: British Airways logos are seen on tail fins at Heathrow Airport in west London, Britain, February 23, 2018. REUTERS/Hannah McKay/File Photo

LONDON (Reuters) – British Airways-owner IAG (LON:ICAG) said on Friday it had seen a strong recovery in business travel in the first quarter and it expected to be profitable from the second quarter onwards and for the full year.

The company, which also owns Iberia and Aer Lingus, said the continued easing of government-imposed travel restrictions, particularly in Britain, resulted in improved travel demand, with no noticeable impact from the war in Ukraine.

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05/06/2022

Less than a minute