BA owner’s profits rise by 20% despite drop in passenger numbers last year
The Guardian World
by Gwyn Topham Transport correspondentFebruary 27, 2026
IAG enjoys record operating profits on margins of more than 15% at British Airways and sister airline Iberia
British Airways’ owner, International Airlines Group, has announced a sharp rise in annual profits to almost £4bn despite a slight fall in passenger numbers in 2025.
Pre-tax profits across IAG increased by 20% to €4.5bn (£3.9bn), with record operating profits on margins of more than 15% at BA and its sister airline Iberia.
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Originally published on The Guardian World on 2/27/2026