IAG discloses 2015 targets
By Dino D'Amore
IAG is predicting an operating profit of €1.8bn ($2.42 billion) in 2015 – a 12.5% increase from the previous target level of €1.6bn. For British Airways, IAG has also lifted its 2015 target from €1.1bn to €1.3bn.
Capital expenditure is predicted to be between €2.0 billion and €2.2 billion per year, with earnings per share to be greater or equal to 54 cents.
IAG expects to make an operating profit before exceptional items of around 740 million euros in 2013.
By Dino D'Amore
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