IAG Reports H1 2025 Net Profit of €1.3 Billion or €0.273 per Share

IAG has reported a second quarter 2025 net profit of €1.13 billion on a 6.8 percent year-over-year increase in revenue to €8.86 billion.  For the first half of the year (H1), the Group reported a net profit of €1.3 billion or €0.273 per share.

IAG Reports Second Quarter and Half Year (H1) 2025 Financial Results - Courtesy IAG

On Friday (August 1, 2025), the International Consolidated Airlines Group (IAG) reported their second quarter and first half (H1) financial results for the period ending June 30, 2025.  The Group reported a second quarter 2025 net profit of €1.13 billion on a 6.8 percent year-over-year increase in revenue to €8.86 billion.  For the first half of the year (H1), the Group reported a net profit of €1.3 billion or €0.273 per share on an 8.0 percent increase in revenue versus H1 2024 to €15.9 billion.  At June 30, 2025, the Group had liquidity totaling €12.0 billion, including cash, cash equivalents and interest-bearing deposits, plus committed and undrawn general and aircraft-specific financing facilities.

In Friday’s announcement, IAG’s CEO, Luis Gallego, said,

“Our strong performance in the first half of 2025 reflects the resilience of demand for travel and the success of our ongoing transformation, underpinned by the fundamental strengths of our Group.  We continue to benefit from the trend of a structural shift in consumer spending towards travel. We remain focused on our market leading brands and core geographies, where we continue to see robust performance, allowing us to invest in fleet as well as technology to improve operational efficiency and customer experience.

“These results give us confidence that we will deliver good earnings growth and margin progression for the full year and enable us to create value for our shareholders through our sustainable dividend and the share buyback.”

IAG's Second Quarter and First Half (H1) 2025 Financial Results - Courtesy IAG

During H1 2025, IAG took delivery of 13 new aircraft, including eight A320neo Family to British Airways and Aer Lingus, and another four A321 XLR aircraft to Iberia and Aer Lingus.  Additionally, British Airways took delivery of one Boeing 787-10 Dreamliner they continue to rebuild their long-haul fleet after the retirement of the 747 fleet during the global COVID-19 pandemic.  In May, IAG announced the order of 71 aircraft for their medium-term long-haul fleet needs.  The Group placed an initial order for 18 aircraft in March, including 12 six Airbus A350-1000s and six Boeing 777-9s for British Airways and six Airbus A350-900s for Iberia.  In May the company ordered an additional 53 aircraft.  This included 32 Boeing 787-10s for British Airways, as well as 21 A330-900neos, which can be deployed with Aer Lingus, Iberia and LEVEL.  These 71 aircraft will be delivered between 2027 and 2033.

IAG Airlines Operating Profit Before Exceptional Items by Company - Courtesy IAG

The International Consolidated Airlines Group (IAG) is one of the world’s leading airline groups and has a combined fleet of nearly 600 aircraft.  The Group’s airlines include Aer Lingus, British Airways, Iberia, Level and Vueling.  The company’s other subsidiaries include IAG Loyalty, IAG Cargo, and IAG Global Business Services (GBS).

Source: International Airlines Group (IAG) / RNS Number 5815T - LEI: 959800TZHQRUSH1ESL13