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British Airways Owner Surprises Analysts with Strong Earnings and Revised Capacity Goals

British Airways Owner Surprises Analysts with Strong Earnings and Revised Capacity Goals
7 months ago

In an impressive display of resilience, IAG, the parent company of British Airways, has reported third-quarter financial results that have exceeded market forecasts. The group revealed that it achieved an operating profit of €1.58 billion ($1.68 billion) during the three months ending September. This substantial figure not only marks a significant improvement from last year's performance but also surpasses analyst expectations, which had anticipated a profit closer to €1.53 billion.

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