© Reuters. British Airways logos are seen on tail fins at Heathrow Airport in west London, Britain, February 23, 2018. REUTERS/Hannah McKay/File Photograph
LONDON (Reuters) – British Airways-owner IAG on Tuesday mentioned it could see a medium-term working margin of 12% to fifteen%, whereas its outlook for the 2023 monetary yr remained unchanged after sturdy ends in its third quarter because it opened its capital markets day.
European airways have reported sturdy earnings of their third quarters on the again of strong summer time demand, however hovering jet gasoline costs and political instability weighed on their outlooks and share costs.
IAG added that it projected a medium-term return on invested capital at 13% to 16%.
