Aer Lingus parent company records surge in profits

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Aer Lingus’s parent company International Airlines Group (IAG) said its operating profit surged by 22.1 per cent last year to €4.3 billion.

That is up from €3.5 billion in 2023.

The company attributed the increase to “the successful execution of our transformation programme”.

 

IAG said its available seat kilometres – a measure of its capacity – grew by 6.2 per cent in 2024.

It is proposing to pay a final dividend to shareholders for 2024 which will take the total payments to €435 million.

IAG chief executive Luis Gallego said: “These results highlight the quality of our businesses and effectiveness of our strategy, underpinned by the successful execution of our transformation programme across the group.

“We are delivering world-class margins and returns, in line with the targets we set out to the market just over a year ago.

“We are focused on continuing to make our brands the first choice for customers, by growing our…



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Aer Lingus parent company records surge in profits
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