Luis Gallego
Chief Executive Officer
Replay available
International Consolidated Airlines Group S.A. (LSE: IAG) Q4 2025 earnings conference call, held 2026-02-27. Replay captured from the company's public earnings webcast.

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WEBVTT 00:00:01.280 -- 00:00:06.107 Good morning, ladies and gentlemen, and welcome to the International Airlines Group Full 00:00:06.107 -- 00:00:11.616 Year 2025 results. At this time, all participants are in listen-only 00:00:11.616 -- 00:00:16.743 mode. Later, we will conduct a question-and-answer session throughout the 00:00:16.743 -- 00:00:19.367 phone lines, and instructions will follow at that time. 00:00:19.367 -- 00:00:23.193 I would like to remind all participants that this call is being recorded. 00:00:23.193 -- 00:00:28.281 I will now hand to Luis Gallego, Chief Executive Officer, to open the 00:00:28.281 -- 00:00:32.284 presentation. Please go ahead, sir. 00:00:32.836 -- 00:00:39.304 Thank you very much. Good morning everyone and welcome to the IAG 2025 full year results. 00:00:39.304 -- 00:00:44.571 As usual, I'm joined today by Nicolas Cadbury, our CFO, as well as the other members 00:00:44.571 -- 00:00:47.575 of the IAG Management Committee. 00:00:47.575 -- 00:00:52.742 I'm pleased to be announcing a record set of results today, highlighting the excellence 00:00:52.742 -- 00:00:58.231 of IAG's performance in 2025. We are delivering for our customers 00:00:58.231 -- 00:01:02.976 as our investments in operational and customer related performance have led to another 00:01:02.976 -- 00:01:07.681 year of improving punctuality and customer net promoter scores. 00:01:07.681 -- 00:01:14.209 We are delivering record operating profit, operating margin and return on invested capital. 00:01:14.209 -- 00:01:19.074 And we are delivering for our shareholders through the increased dividend and new excess 00:01:19.074 -- 00:01:24.709 cash returns of 1.5 billion euros. This is a significant increase 00:01:24.709 -- 00:01:28.975 on the 1 billion euros buyback we announ...