IAG multiplies its profit by six and appoints Marco Sansavini as the new CEO of Iberia. Demand, the group assures, remains strong this year, in which it has already sold 62% of the seats on offer until June.
In total, revenue per passenger grew by 8.7%, mainly supported by leisure trips with first and business classes performing especially well. The cost of fuel, one of the company's main costs, was very contained thanks to the insured contracts that airlines sign to cover themselves from market volatility.