Airlines tend to swing from near bankruptcy to growing profits. It appears that those airlines that managed to keep going during the Covid lockdowns are finding conditions moving more in their favour.
British Airways owner International Consolidated Airlines (LON: IAG) is due to report interim figures on Friday 28 July. It moved back into profit in 2022 and the high operational gearing for airlines means that a substantial proportion of the increasing revenues will drop through to profit.
Other airlines have been recovering and trading continues to improve. Many have been beating expect...
