International Consolidated Airlines Group SA (WBO:IAG)
€ 3.666 0.02 (0.55%) Market Cap: 17.66 Bil Enterprise Value: 24.09 Bil PE Ratio: 6.19 PB Ratio: 3.68 GF Score: 59/100

Q1 2024 International Consolidated Airlines Group SA Earnings Call Transcript

May 10, 2024 / 07:00AM GMT
Release Date Price: €2.14 (+0.99%)
Operator

Good day, and thank you for standing by. Welcome to the First Quarter 2024 International Airlines Group Earnings Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Luis Gallego, CEO. Please go ahead.

Luis Gallego Martin
International Consolidated Airlines Group S.A. - CEO & Executive Director

Thank you very much. Good morning, and welcome to the IAG Trading Update for First Quarter of 2024.

With me today are Nicholas Cadbury as well as members of the IAG Management Committee.

I am pleased to announce that this has been a very good first quarter for IAG. We have seen a strong demand in most of our markets, and in particular, our three core markets of the North Atlantic, South Atlantic and in Europe. This has driven increased unit revenue versus same quarter last year in the North Atlantic and Europe and supported the high capacity investments we are making in Latin America. This has been helped by good Easter

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