More trips by wealthy passengers as Covid controls eased also improved demand for IAG in first quarter
British Airways’ owner has said that a recovery in business travel and trips by wealthy passengers will drive a return to profitability from the second quarter onwards this year.
International Airlines Group (IAG), which also owns Iberia and Aer Lingus, said that while Omicron had a short-term impact on bookings in January and February, the overall easing of coronavirus-related travel restrictions has improved travel demand in the first quarter, particularly in the UK.
