International Airlines Group (IAG) reported a 9.6% year-over-year revenue increase in Q1 2025, with €7.04 billion in group revenues. The North Atlantic routes were a standout, showing a 13% rise in unit revenue, while Latin America and Europe also saw strong demand. However, non-fuel unit costs rose by 8.8%, surpassing expectations. IAG anticipates a 4% increase in non-fuel unit costs for the year and expects total fuel costs around €7.5 billion. With 80% of Q2 capacity booked, does this robust demand signal a strong summer ahead for airlines?
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