IAG first quarter results 2023
Source: IAG Highlights: Operating profit before exceptional items of €9 million, up €750 million versus quarter 1, 2022 and a positive outcome for quarter 1 for the first time since quarter 1, 2019, representing ongoing strong customer demand across all our airlines Better than expected1 due to strong yield performance across the Group and the benefit of a lower fuel price We continue to focus our capacity deployment on our core Latin America and North Atlantic markets, which are now back at pre-pandemic levels of capacity, as well as growing Vueling’s year-round leisure network Encouraging outlook for the summer with around 80% of expected quarter 2 revenue now booked We currently expect our full year 2023 operating profit before exceptional [...]