IAG expects lower capacity in 2026 as fuel costs bite

RTÉ News · RTÉ News · 2026-11-06 07:26 UTC

Aer Lingus and British Airways owner IAG has forecast its annual capacity would be slightly lower this year, the first decline since 2022, as flight disruptions in the Middle East due to the Iran war and other regional conflicts weighed on operations.

Aer Lingus and British Airways owner IAG has today forecast its annual capacity would be slightly lower this year, the first decline since 2022, as flight disruptions in the Middle East due to the Iran war and other regional conflicts weighed on operations.

The airline operator, whose other brands include Iberia, reported third-quarter operating profit before exceptional items of €1.73 billion, missing analysts' consensus of €1.81 billion, as the global aviation sector struggles with rising fuel costs stemming from the war.

Still, the carrier focused on the success of its premium strategy.

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