0846 GMT - International Consolidated Airlines has a stronger outlook than the airline group is given credit for, RBC Capital Markets analyst Ruairi Cullinane says in a research note. The view comes as the company, also known as IAG, said that it is continuing to see good demand for air travel. It posted first-quarter results in which demand for premium seats mitigated some weakness in U.S. economy demand. "We think IAG has a stronger outlook than given credit for, given a supportive capacity backdrop on the Atlantic, pricing potential from BA product measures, and given scope for business travel recovery to step up further," the analyst says. Shares trade up 2.1% at 296.34 pence. (pierre.bertrand@wsj.com)
(END) Dow Jones Newswires
May 09, 2025 04:46 ET (08:46 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。