IAG published a strong set of Q2 figures, outperforming its industry peers (AF-KLM and Lufthansa) and consensus expectations. The better-than-expected profitability during the quarter was mainly driven by a good performance from BA and strong leisure demand at Vueling. The well-balanced mix of airlines (Legacy, short-haul low-cost, long-haul low-cost) has continued to drive higher-than-industry average yields and cost efficiencies.
05 Aug 2019
Benefiting from the well-balanced combined airlines
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Benefiting from the well-balanced combined airlines
International Consolidated Airlines Group SA (IAG:LON) | 168 -3.9 (-1.4%) | Mkt Cap: 8,240m
- Published:
05 Aug 2019 -
Author:
Jie Zhang -
Pages:
3
IAG published a strong set of Q2 figures, outperforming its industry peers (AF-KLM and Lufthansa) and consensus expectations. The better-than-expected profitability during the quarter was mainly driven by a good performance from BA and strong leisure demand at Vueling. The well-balanced mix of airlines (Legacy, short-haul low-cost, long-haul low-cost) has continued to drive higher-than-industry average yields and cost efficiencies.