London, May 8, 2026 (AFP) - British Airways parent says Mideast war to hit annual profits

NAMPA / AFP

2026-05-08

IAG, parent group of British Airways and Spanish carrier Iberia, said Friday that the Middle East war will lower its annual profits despite a strong start to 2026. "Whilst the first quarter was relatively unaffected by the Middle East conflict we expect it to have a more substantial impact throughout the rest of the year as the increase in the fuel cost starts to manifest itself," IAG said in an earnings statement. "As a result we expect our pro......

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