Agence France-PresseNovember 15, 2013 05:31
International Airlines Group raised its 2015 profit forecast on Friday, citing the impact of growth at British Airways and Vueling, and Iberia's ongoing recovery.
Operating profit, or earnings before tax and one-off costs, was expected to reach 1.8 billion euros ($2.42 billion) in 2015, IAG said in a statement.
That marked a 12.5-percent increase from the previous target level of 1.6 billion euros.
IAG also lifted the 2015 target for its British Airways division to £1.3 billion ($2.1 billion, 1.6 billion euros), up from £1.1 billion previously.