British Airways’ parent company expects £1.7bn hit from higher fuel bill

business news • news • web article

International Airlines Group (IAG) chief executive Luis Gallego said it is ‘managing the uncertainty’ caused by the fuel price increase.

British Airways’ parent company warned its profits will be hit as it expects to spend about two billion euro (£1.72 billion) more than planned on fuel this year amid the Iran oil crisis (Stefan Rousseau/PA) - (PA Wire) — image source: static.independent.co.uk

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British Airways’ parent company warned its profits will be hit as it expects to spend about two billion euro (£1.72 billion) more than planned on fuel this year amid the Iran oil crisis (Stefan Rousseau/PA) - (PA Wire) — image source: static.independent.co.uk

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