IAG reports first quarter profits of €68 million – Business Traveller
| | | | |

IAG reports first quarter profits of €68 million – Business Traveller

International Airlines Group (IAG) has published its results for the first quarter of 2024, showing an operating profit before exceptional items of €68 million – an increase of €59 million on the €9 million recorded in Q1 2019. Of the group’s individual carriers, Iberia made an operating profit of €70 million, while British Airways reported…

IAG to purchase 785,000 tonnes of eSAF – Business Traveller
| | | |

IAG to purchase 785,000 tonnes of eSAF – Business Traveller

BA’s parent company International Airlines Group has signed an agreement to purchase 785,000 tonnes of Sustainable Aviation Fuel produced through power-to-liquid technology. Known as eSAF, the fuel is made from CO2, water and renewable energy, as opposed to standard SAF which is made from a range of feedstock including cooking oil, municipal waste and agricultural…