British Airways Owner IAG Bucks Hard Year for Airline Stocks
- Company’s share price has almost doubled, outperforming peers
- Trans-Atlantic routes, improved customer experience drove gain
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It’s been a tough year for investors in European aviation, with Boeing Co.’s production woes, engine problems grounding aircraft and the still-sluggish corporate-travel market weighing on the sector.
Carriers including Air France-KLM, Deutsche Lufthansa AG and Wizz Air Holdings Plc have failed to replicate the post-pandemic gains of 2023 — but one airline group has bucked the trend.