Replay available

International Consolidated Airlines Group S.A. (IAG) Q3 2025 Earnings Call

International Consolidated Airlines Group S.A. (LSE: IAG) Q3 2025 earnings conference call, held 2025-11-07. Replay captured from the company's public earnings webcast.

Fri, November 7, 2025 at 3:00 AMendedReplay
International Consolidated Airlines Group S.A. (IAG) Q3 2025 Earnings Call

Hosted by

Featured presenters

Luis Gallego

Chief Executive Officer, International Airlines Group

Nicolas Casbury

Chief Financial Officer, International Airlines Group

Sean Doyle

Chief Executive Officer, British Airways

Alex Irvin

Analyst, Bernstein

James Hollands

Analyst, BNP Paribas

Stephen Furlong

Analyst, Davy

Jamie Robben

Analyst, Deutsche Bank

Savvy Sith

Analyst, Raymond James

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.219 Good morning, ladies and gentlemen, and welcome to the International Airlines Group Recorded 00:00:05.219 -- 00:00:10.286 2025 Results Call. At this time, all participants are in listen-only mode. 00:00:10.286 -- 00:00:13.471 Later, we will conduct a question-and-answer session. 00:00:13.471 -- 00:00:17.437 Through the phone lines and instructions, we'll follow at that time. 00:00:17.437 -- 00:00:22.144 I would like to remind all participants that this call is being recorded. 00:00:22.144 -- 00:00:27.431 I will now hand over to Luis Gallego, Chief Executive Officer, to open 00:00:27.431 -- 00:00:30.974 the presentation. Please go ahead. 00:00:31.317 -- 00:00:36.603 Thank you very much. Good morning, everyone, and welcome to the IAG third quarter results. 00:00:36.603 -- 00:00:41.768 Today I have with me Nicolas Casbury, our CFO, as well as members of the IAG 00:00:41.768 -- 00:00:44.209 Management Committee. 00:00:44.211 -- 00:00:49.116 This has been another good quarter for IAG, and we are on track for another very good 00:00:49.116 -- 00:00:54.602 year. Our strong fundamentals underpin our best-in-class value creation 00:00:54.602 -- 00:00:59.688 over the long term. We are continuing to see robust demand for 00:00:59.688 -- 00:01:04.571 travel across the group. Our leading network and brands have helped to deliver a strong 00:01:04.571 -- 00:01:09.677 revenue performance in the quarter with PRAX broadly flat at constant 00:01:09.677 -- 00:01:13.261 currency against a record quarter last year. 00:01:13.261 -- 00:01:18.046 Our transformation initiatives are delivering effective cost control, supporting our 00:01:18.046 -- 00:01:23.071 competitive flow base on which we are delivering market leading margins at 00:01:23.071 -- 00:01:2...