International Consolidated Airlines Group (IAG.L,BAIRY.PK,BAY.L) reported that its first-quarter loss before tax widened to 670 million euros from 247 million euros, restated, last year. Before exceptional items, pretax loss widened to 359 million euros from 284 million euros last year.
Loss after tax was 630 million euros, compared to a loss of 129 million euros last year. Before exceptional items, loss after tax was 319 million euros, compared to a loss of 166 million euros last year. Basic loss per share in euro cents, was 34.3 compared to a loss of 7.2 last year.
Total revenue was 3.94 billion euros, compared to 3.92 billion euros prior year. The company said its current trading is in line with expectations.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.