News Digging > Editor's Picks > BA-owner IAG dragged down by debt despite return to profit
BA-owner IAG dragged down by debt despite return to profit
BA-owner IAG dragged down by debt despite return to profit,British Airways-owner IAG reported on Friday its first annual profit since the pandemic and said earnings could jump almost 90% this year as business rebounds, but its shares dropped around 6% amid concerns about the group's debt.

BA-owner IAG dragged down by debt despite return to profit

British Airways-owner IAG reported on Friday its first annual profit since the pandemic and said earnings could jump almost 90% this year as business rebounds, but its shares dropped around 6% amid concerns about the group's debt.