0951 GMT - British Airways owner International Consolidated Airlines Group stuck to its 2025 guidance in what was likely seen as a disappointment by the market, Goodbody's Dudley Shanley says. Investors were hoping for an upgrade to forecasts, he adds. The London-listed company reiterated that travel demand remains strong and that fourth-quarter revenue is positively booked. On costs, IAG's fuel bill was 9% lower on year, while the decreases in engineering and distribution costs were also impressive, offsetting higher labor costs, Shanley says. Shares are down 6.45% at 3.87 pounds. (cristina.gallardo@wsj.com)
(END) Dow Jones Newswires
November 07, 2025 04:52 ET (09:52 GMT)
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