0808 GMT - International Consolidated Airlines' result shows the airline group is improving by leaps and bounds, Richard Hunter at Interactive Investor says in a research note. The company's results bode well for the rest of the year as its important North Atlantic market showed a 13% increase in passenger unit revenue. "Indeed, investors who chose to buy in to the recovery while the shares were on the tarmac have been handsomely rewarded and the group's improving financial strength and general growth lead to an increasingly improving flight path," Hunter says, adding that market consensus for the shares as a buy is unlikely to waver. Shares trade up 1.1% at 293.6 pence.(pierre.bertrand@wsj.com)
(END) Dow Jones Newswires
May 09, 2025 04:08 ET (08:08 GMT)
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