"The star of the show is a renewed deal for Air Europa. While terms are not as favourable as the group acquires a more indebted business, we still see this as the right strategic move for the company and accretive to medium-term earnings," said Alex Irving, an analyst at Bernstein Research.
British Airways logos are seen on tail fins at Heathrow Airport in west London, Britain, February 23, 2018. REUTERS/Hannah McKay/File Photo IAG shares were down 2% soon after the market opened on Friday but have soared 30% since the beginning of the year as optimism grows about the robust appetite for travel despite some gloomy economic forecasts.
"We are transforming our businesses, with the intention of returning IAG to pre-COVID levels of profit within the next few years, through major initiatives to improve customer experience and operational performance," Gallego said. Fares could come down along with unit costs once the group reaches 100% of 2019 capacity, Gallego added on a media call.BA owner shares lag
BA have treated many staff in a disgusting manner. Shame on them.
Maybe it's time they start paying their staff less than average britishairways