BA owner says recovery of business travel will drive return to profit

More trips by wealthy passengers as Covid controls eased also improved demand for IAG in first quarter

See all our coronavirus coverage

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.

Continue reading…

Read More

International Airlines Group, British Airways, Business, Airline industry, Travel & leisure, UK news, Europe, World news, Business travel, Travel, Coronavirus, Omicron variant UK news | The Guardian

Share your love