IAG Results Set to Exceed Expectations Despite Fuel Costs

Dow Jones07-07

0734 GMT - British Airways owner IAG is expected to post second-quarter results that will slightly exceed consensus estimates, despite higher fuel costs weighing on profits, J.P Morgan analysts say in a research note. Resilient passenger demand and strong pricing, particularly on long-haul routes including the North Atlantic, Latin America and Asia, should offset cost pressures, the analysts say. Meanwhile, lower jet fuel prices are also expected to improve earnings in the second half, they add. The analysts expect IAG to deliver robust free cash flow and maintain strong profitability, supported by solid demand. Shares trade 0.2% higher at 485.2 pence. (nina.kienle@wsj.com)

 

(END) Dow Jones Newswires

July 07, 2026 03:34 ET (07:34 GMT)

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