The airline group IAG, the parent company of British Airways and Iberia, published a sharp increase in net profit in the first quarter of 2026, but warned that the outbreak of kerosene and the war in the Middle East will weigh on its annual results. In the first three months of the year, IAG made a net profit after tax of 301 million euros, up about 71% over a year. The net profit per basic share stands at 0.065 euros, compared with 0.037 euros …
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The airline group IAG, the parent company of British Airways and Iberia, published a sharp increase in net profit in the first quarter of 2026, but warned that the outbreak of kerosene and the war in the Middle East will weigh on its annual results. In the first three months of the year, IAG made a net profit after tax of 301 million euros, up about 71% over a year. The net profit per basic share stands at 0.065 euros, compared with 0.037 euros …