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IAG Leads European Airline Profitability Ranking, Lufthansa Lags
DUBLIN, IRELAND – may 16, 2024 – International Airlines Group (IAG), the parent company of British Airways, Iberia, aer Lingus, and Vueling, has emerged as the most profitable airline group in Europe, according to a recent analysis by CAPA – Center for Aviation. the ranking, based on profit margins, reveals a meaningful disparity in financial performance across the continent’s major carriers.
IAG achieved a profit margin of 13.7 percent, surpassing all competitors. This performance underscores the group’s accomplished strategy of cost management and revenue optimization.
