Profits jump at British Airways' owner as rivals struggle with Boeing delivery delays
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British Airways' owner, IAG, reported a 15% increase in profits compared to the same period last year, benefiting from avoiding Boeing delivery delays that affected some competitors.
November 08, 2024 | 1:00 pm
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Boeing's delivery delays have negatively impacted some airlines, but IAG, owner of British Airways, reported a 15% profit increase, indicating Boeing's challenges may not have affected IAG.
Boeing's delivery delays are causing issues for some airlines, but IAG's profit increase suggests it was not affected. This could imply a negative short-term impact on Boeing as it struggles with delivery issues.
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