IAG Reports Record Profits and Announces €1.4 Billion Shareholder Returns

The British Airways parent company attributes growth to strong demand, operational efficiency, and reduced costs while planning further investments and buybacks.

International Airlines Group (IAG) achieved a 22% increase in operating profit in 2024, reaching €4.3 billion, driven by higher passenger revenues and lower fuel costs.
The company plans to return €1.4 billion to shareholders through dividends and a €1 billion share buyback program over the next 12 months.
IAG's revenue rose by 9% to €32.1 billion, with passenger numbers growing 5.6% to 122 million across its airlines, including British Airways, Iberia, Aer Lingus, and Vueling.
British Airways alone saw a 6.6% increase in passenger numbers and a 14.2% profit margin, with IAG targeting an increase to 15% margins in the near future.
Despite strong performance, analysts caution that global economic uncertainties and changes in corporate travel demand could pose challenges ahead.