Airline Weekly Lounge Episode 14: IAG Is A-OK
Whew! The busiest week of earnings season has us hustling. We kick off our around-the-world sprint with IAG, the airline group that is British Airways, Iberia, Vueling and more recently Aer Lingus. While IAG led Europe’s Big Three in profits, Lufthansa nonetheless posted its own all-time record, and Air France/KLM was no slouch.
Still benefiting from its restructuring, Japan Airlines had fantastic profits, while All Nippon Airways had merely a fine quarter. We also check in on China’s Big Three, Icelandair, Aeromexico and Jet Airways. Plus, why is Spirit Airlines not all that concerned about its profit margin? That’s a lot of airlines in a single podcast.