IAG Group’s first quarter (Q1) results for 2024 show an increase in passengers and a reduction in net debt, as well as an increase in operating profit before exceptional items. IAG profits rose from €9 million in Q1 2023 to €68 million alongside a 8.6% increase in passengers. Passengers traffic was split mainly between IAG’s three largest airlines. Aer Lingus saw an increase of 5.5% passengers compared to a 9.6% increase for British Airways (BA) and a 9.5% increase for Iberia. The increase in passenger revenue of €591 million, or 11.7% ahead of the prior year quarter, was ahead of
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