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home / news releases / BABWF - International Consolidated Airlines Group Stock Remains A Buy


BABWF - International Consolidated Airlines Group Stock Remains A Buy

2024-05-11 17:19:47 ET

Summary

  • IAG reports Q1 earnings with margin expansion and passenger revenue growth outpacing capacity growth.
  • Cost growth is not as favorable, with higher labor and inflation costs offsetting capacity additions.
  • IAG aims to expand capacity by 9% in Q2 and expects non-fuel unit costs to continue rising, but stock remains a buy with 31% upside potential.

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For further details see:

International Consolidated Airlines Group Stock Remains A Buy
Stock Information

Company Name: International Consolidated Airlines Group SA
Stock Symbol: BABWF
Market: OTC
Website: iairgroup.com

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