AIRLINES & ALLIANCES

IAG reports 3Q 2023 results: capacity +17% yoy, costs -3%, loyalty total revenue +57% year-on-year

Record third quarter profit with strong trading across the Group and a significantly stronger balance sheet Highlights Strong growth of operating profit before exceptional items in the quarter to €1,745 million (Q3 2022: €1,216 million) and an operating margin of 20.2% (Q3 2022: 16.6%) due to: Capacity (ASK) increase of…