BABWF - International Consolidated Airlines Non-GAAP EPS of -Euro0.06 revenue of Euro8.46B

International Consolidated Airlines press release (OTCPK:ICAGY): FY Non-GAAP EPS of -€0.06. Revenue of €8.46B (+8.3% Y/Y). Current passenger capacity plans for 2022 are for around 65% of 2019 capacity in quarter 1 and for around 85% of 2019 capacity for the full year. Omicron has affected bookings in January and February 2022 but has had a minimal impact on bookings for Easter and summer 2022. Capex in 2022 is expected to be €3.9B, reflecting the need to re-build capacity towards pre-pandemic levels, the delay of aircraft deliveries from 2021 and certain pre-delivery payments deferred from previous years. 25 new aircraft are expected to be in delivered in 2022.

For further details see:

International Consolidated Airlines Non-GAAP EPS of -€0.06, revenue of €8.46B