Brief: IAG Expects Total Fuel Cost To Be €8.9 Billion For Full Year
BRIEF-IAG Expects Total Fuel Cost To Be €8.9 Billion For Full Year Nov 6 (Reuters) - International Consolidated Airlines Group, S.A. ICAG.L:
INTL CON AIRLINE GRP - IAG 3RD QUARTER RESULTS
IAG: NON-FUEL UNIT COST INCREASED BY 3.4%, IMPACTED BY DISRUPTION DURING THE QUARTER
IAG: TAKING ACTION TO MAINTAIN STRONG PROFITABILITY AND FREE CASH FLOW: THROUGH DISCIPLINED CAPACITY ALLOCATION, REVENUE GROWTH AND COST SAVINGS
IAG: 10% INCREASE IN THE INTERIM DIVIDEND TO €0.053 PER SHARE
IAG: FULL YEAR CAPACITY (ASK) IS NOW EXPECTED TO BE SLIGHTLY DOWN COMPARED TO FULL YEAR 2025, DRIVEN BY THE ABSENCE OF MIDDLE EAST CAPACITY
IAG: BOOKINGS FOR THE FIRST QUARTER OF 2027 ARE CURRENTLY STRONG
IAG: TOTAL FUEL COST IS EXPECTED TO BE €8.9 BILLION FOR THE FULL YEAR
IAG: NOW EXPECT FULL YEAR 2026 NON-FUEL UNIT COST TO INCREASE BY AROUND 1%
IAG: FOR JET FUEL CURRENTLY 45% HEDGED FOR 2027
IAG: CAPITAL EXPENDITURE FOR FULL YEAR 2026 IS NOW EXPECTED TO BE €3.1 BILLION
IAG: OUR TOTAL FUEL COST INCREASED BY 30.4% IN THE THIRD QUARTER, NET OF THE BENEFIT OF HEDGING
Source text: ID:nRSF1354Ca
Further company coverage: ICAG.L
((Reuters.Briefs@thomsonreuters.com;))
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Brief: IAG Expects Total Fuel Cost To Be €8.9 Billion For Full Year
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