British Airways owner back in the dark for first time since Covid began
British Airways owner returns to blackout for first time since pandemic began despite airport chaos that forced him to cut tens of thousands of flightsInternational Airlines Group reported £245million profit sterling for the second quarter It made a loss of £810m in the same period last year But it has reduced the pace of its recovery to pre-pandemic levels
The owner of British Airways has fallen back into the black for the first time since the start of the pandemic despite the airport chaos causing it to cut tens of thousands of flights.
International Airlines Group (IAG) posted a profit of £245m in the second quarter, compared to a loss of £810m in the second quarter. the same period last year.
But it has reduced the pace of its recovery to pre-pandemic levels "mainly due to challenges at Heathrow", which have capped passenger numbers.
Chief Executive Luis Gallego said the problems at Heathrow had been "acute". “Our airline teams remain focused on building operational resilience and improving the customer experience.
'I would like to thank the affected customers for their loyalty and patience, and our colleagues for their hard work and commitment.
"We will continue to work with industry to address these issues as aviation emerges from its greatest crisis ever."
He added that "if all goes well, by the end of the year we will be in a better place" at the London hub.
But he said airlines faced "historic challenges" as travel demand picked up.
Flight cancellations caused by lack of staff at airports have caused...
The owner of British Airways has fallen back into the black for the first time since the start of the pandemic despite the airport chaos causing it to cut tens of thousands of flights.
International Airlines Group (IAG) posted a profit of £245m in the second quarter, compared to a loss of £810m in the second quarter. the same period last year.
But it has reduced the pace of its recovery to pre-pandemic levels "mainly due to challenges at Heathrow", which have capped passenger numbers.
Chief Executive Luis Gallego said the problems at Heathrow had been "acute". “Our airline teams remain focused on building operational resilience and improving the customer experience.
'I would like to thank the affected customers for their loyalty and patience, and our colleagues for their hard work and commitment.
"We will continue to work with industry to address these issues as aviation emerges from its greatest crisis ever."
He added that "if all goes well, by the end of the year we will be in a better place" at the London hub.
But he said airlines faced "historic challenges" as travel demand picked up.
Flight cancellations caused by lack of staff at airports have caused...
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