British Airways has reported a pointy rise in earnings for the primary half of 2025, overcoming a £40 million monetary hit from the non permanent Heathrow Airport closure attributable to a substation fireplace in March.
The broader IAG group—which owns Aer Lingus, Iberia, and Vueling—additionally posted sturdy figures, with:
– Operating revenue rising 43.5% to £1.88 billion
– Pre-tax revenue as much as £1.75 billion, in comparison with £1.05 billion a 12 months earlier
IAG CEO Luis Gallego attributed the robust outcomes to resilient journey demand and the group’s continued transformation efforts:
“We continue to benefit from a structural shift in consumer spending towards travel. These results give us confidence that we will deliver good earnings growth and margin progression for the full year.”
He additionally emphasised IAG’s ongoing investments in fleet upgrades and know-how to spice up operational effectivity and buyer satisfaction.
Despite the optimistic earnings, British Airways confirmed in May that the March energy outage at Heathrow price the airline roughly £40 million. The disruption, attributable to a blaze on the North Hyde substation, halted airport operations and affected over 270,000 passenger journeys.
IAG stated it stays assured in delivering robust earnings progress for the complete 12 months, bolstered by excessive demand and ongoing strategic enhancements. The group additionally reiterated its dedication to enhancing shareholder worth by way of sustainable dividends and share buybacks.
