International Consolidated Airlines Group SA

IAG: XLON (GBR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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IAG Earnings: Iberia Margin Strength and Disciplined Capacity Position Group for Structural Gains

Loredana Muharremi

Aug 4, 2025

International Airlines Group delivered second-quarter operating profit of EUR 1.68 billion, up 35% year over year, with margin up 290 basis points to 11.8% as Iberia hit 14.5%. Premium traffic and Latin America strength offset softer US leisure. Net leverage fell to 0.7 times.

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International Consolidated Airlines Group SA

IAG Earnings: Iberia Margin Strength and Disciplined Capacity Position Group for Structural Gains

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