Luis Gallego
Chief Executive Officer
Replay available
International Consolidated Airlines Group S.A. (LSE: IAG) Q2 2025 earnings conference call, held 2025-08-01. Replay captured from the company's public earnings webcast.

Chief Executive Officer
Chief Financial and Sustainability Officer
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WEBVTT 00:00:00.031 -- 00:00:04.438 Good morning, ladies and gentlemen, and welcome to International Airlines Group half-year 00:00:04.438 -- 00:00:07.242 2025 results. 00:00:07.242 -- 00:00:11.428 At this time, all participants are in listen-only mode. 00:00:11.428 -- 00:00:15.754 Later, we will conduct a question-and-answer session through the phone lines, and instructions 00:00:15.754 -- 00:00:18.438 will follow at that time. I 00:00:18.438 -- 00:00:22.424 would like to remind all participants that this call is being recorded. 00:00:22.424 -- 00:00:27.332 I want to hand over to Luis Gallego, Chief Executive Officer, to open the presentation. 00:00:27.332 -- 00:00:29.792 Please go ahead. 00:00:30.575 -- 00:00:35.841 Thank you very much. Good morning, everyone, and welcome to IAG's half-year results 00:00:35.841 -- 00:00:37.904 for 2025. 00:00:37.904 -- 00:00:43.110 As usual, I have Nicolas Cadbury with me, our Chief Financial and Sustainability 00:00:43.110 -- 00:00:48.715 Officer, as well as other members of the IAG Management Committee. 00:00:48.817 -- 00:00:54.164 I would like to remind you of the key elements that make IAG a world-class investment 00:00:54.164 -- 00:00:58.368 case. Firstly, our fundamentals are strong. 00:00:58.368 -- 00:01:03.815 We have unique strengths in our network, our hubs, and our brands. 00:01:03.815 -- 00:01:09.303 Our customer base is strong and resilient across all of our areas. 00:01:09.303 -- 00:01:14.470 And we are growing our earnings opportunity through IAG loyalty and our 00:01:14.470 -- 00:01:16.573 global partnerships. 00:01:16.573 -- 00:01:21.619 Secondly, our execution is strong. We are consistently delivering 00:01:21.619 -- 00:01:26.887 world-class margins through our transformation program powered by our 00:01:26.887 --...