British Airways Owner Sees Rebound in Transatlantic Market

WATCH: IAG CEO Luis Gallego discusses transatlantic demand and the return of business traffic.Source: Bloomberg

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By Kate Duffy

February 27, 2026 at 7:24 AM UTC

Updated on

February 27, 2026 at 8:36 AM UTC

British Airways owner IAG SA said bookings for the first quarter are strong and predicted steady mid-term margins as it benefits from lower fuel costs and a rebound in transatlantic travel.

Adjusted operating profit for fiscal 2025 was €5.02 billion ($5.9 billion), compared with the €4.99 billion average of analyst estimates compiled by Bloomberg.