LONDON, UK – Europe's aviation industry is extending its bounceback from the Covid pandemic, as British Airways owner IAG and Franco-Dutch rival Air France-KLM posted bumper 2023 profits on Thursday. The sector is flying at cruising altitude on pent-up demand after emerging from the dark days of Covid, which grounded planes...
British Airways slashes loss
The airline was helped by "strong" demand from holidaymakers.
IAG flies back into annual profit
Net profit came in at $457m, compared to 2.9bn euros loss in 2021.
