Boarding1Now/iStock Editorial via Getty Images In Europe, we are seeing mainline carriers such as Lufthansa (OTCQX:DLAKF) struggle in the first quarter after it faced strikes earlier this year and also Air France-KLM (OTCPK:AFRAF) did not have a higher quarter as costs are mounting. International Consolidated Airlines Group or IAG reported first quarter earnings on the 10th of May. In this report, I will be discussing the results and assess whether the stock is still after surging 17.6% since my coverag ...

• Strong demand, higher revenue, increased unit revenue and increased operating profit in Q1 • Investing in our businesses to deliver customer and operational benefits 1 Certain statements included in this document and any related conference call or webcast (including any related Q&A session) are forward-looking. These statements can be identified by the fact that they do not relate only to historical or current facts. By their nature, they involve risk and uncertainties because they relate to events and de ...

Luis Gallego Sure. Very happy to. Yes, in terms of the BA Holidays question, we think bringing the two businesses together makes a lot of sense there. Two asset-light businesses that are growing very fast and we think we can continue that growth and probably speed it up by bringing the two businesses together and working more closely. So as an example, last year, we allowed customers booking BA Holidays to pay with their Avios to reduce the cost of their trip. And now we see 20% of all bookings on BA Holida ...

International Consolidated Airlines Group SA (ICAGY) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, ICAGY's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross."Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover in ...

International Consolidated Airlines Group S.A. (OTCPK:ICAGY) Q4 2023 Results Conference Call February 29, 2024 5:00 AM ET Company Participants Stuart Morgan - Head of Investor Relations Luis Gallego - CEO Nicholas Cadbury - CFO Sean Doyle - Chairman and CEO, British Airways Adam Daniels - Chairman and CEO, IAG Loyalty Conference Call Participants Conor Dwyer - Morgan Stanley Alex Irving - Bernstein Muneeba Kayani - Bank of America Jaime Rowbotham - Deutsche Bank Harry Gowers - JPMorgan Jarrod Castle - UBS A ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and ...

International Airlines Group (IAG), the owner of British Airways, and U.S.-based firm Twelve have ... [+] signed what the airline group is describing as its largest sustainable aviation fuel partnership to date. (Photo by Dan Kitwood/Getty Images)Getty ImagesInternational Airlines Group (IAG), the owner of British Airways, and Berkley, California, U.S.-based carbon transformation firm Twelve have signed what the airline group is describing as its "largest" sustainable aviation fuel (SAF) partnership to date ...

Photo by Dan Kitwood/Getty ImagesGetty ImagesShares in International Consolidated Airlines hovered higher in Thursday business at the company posted record profits for last year.At 154.15p per share, IAG’s share price was last 0.9% higher on the day.Revenues at the British Airways owner leapt 27.7% year on year in 2023, to €29.5 billion, which the the firm said reflected "strong and sustained demand for travel" Demand was especially strong in the leisure segment, it commented.This meant operating profit (ex ...

British Airways owner International Consolidated Airlines Group SA (LSE:IAG) reported significant growth in underlying profits for the past year, but the fourth quarter was just short of City analyst estimates. For the full 2023 calendar year, operating profit before exceptional items came in at €3.5 billion, more than double the previous year and beating the €3.25 billion made in pre-pandemic 2019. Fourth-quarter operating profit of €502 million were up from €477 million a year ago, but slightly short of t ...

British Airways owner International Consolidated Airlines Group SA (LSE:IAG) (IAG) will offer up full-year results on Thursday, 29 February. Given budget rivals easyJet, Ryanair and Wizz Air have enjoyed recent gains on a faster post-pandemic recovery within the short-haul sector, the update will offer an insight into how premium, longer-distance carriers are faring in comparison. “It is tempting to think that investors are frightened that IAG is losing out in the market share stakes to the low-cost carrier ...