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Home Personal Finance

IAG boss takes advantage of rising share price

newszabi@gmail.com by newszabi@gmail.com
June 12, 2025
in Personal Finance
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IAG boss takes advantage of rising share price
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Worldwide Airways Group’s shares have soared by virtually 1 / 4 over the previous month on information of its sturdy begin to the 12 months and an enhancing tariff image.

The British Airways proprietor’s first-quarter figures revealed buying and selling forward of market consensus. Within the three months to March 31, year-on-year working revenue earlier than distinctive objects was up by €130mn (£110mn) to €198mn as income rose 10 per cent and gasoline prices fell.

The group additionally disclosed orders for 53 new long-haul planes from Airbus and Boeing. Most of those are to switch current plane, however a 3rd will probably be used to drive development in core markets.

British Airways chair and chief govt Sean Doyle took benefit of IAG’s latest share worth efficiency when he offered £2.1mn-worth of shares on Could 22. 

The shares commerce on six occasions ahead consensus earnings, half the extent of the valuation at Ryanair.



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