British Airways profits jump despite Heathrow fire closure
The carrier reported a 48% jump in underlying operating profits to £824 million for the six months to June 30, up from £555 million a year ago.
Owner International Airline Group (IAG) said earnings were driven higher at British Airways as it increased flight capacity by 2.1% and boosted passenger revenues.
The wider IAG company – which also owns Aer Lingus, Iberia and Vueling – posted a 43.5% rise in earnings to £1.88 billion for the first half.
Pre-tax profits rose sharply to £1.75 billion from £1.05 billion a year ago.
IAG chief executive Luis Gallego said: 'Our strong performance in the first half of 2025 reflects the resilience of demand for travel and the success of our ongoing transformation, underpinned by the fundamental strengths of our group.
'We continue to benefit from the trend of a structural shift in consumer spending towards travel.
'We remain focused on our market-leading brands and core geographies, where we continue to see robust performance, allowing us to invest in fleet as well as technology to improve operational efficiency and customer experience.
'These results give us confidence that we will deliver good earnings growth and margin progression for the full year and enable us to create value for our shareholders through our sustainable dividend and the share buyback.'
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