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IAG profit hopes up, share price down. Welcome to the airline sector!
Did you read the Q4/FY22 numbers from International Consolidated Airlines Group (IAG) this morning? The company, which includes British Airways within its key brands, is back to profit in recent months and even hopes to make nearly a couple of billion euros profit this year. However, despite the improving post-Covid world for the airline group, its shares are down this morning. It is always “good fun” investing in the airline sector.- By Chris Bailey
- 2023-02-24 12:35:59