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British Airways Owner's Revenue Growth Is Coming From a Surprising Place: Holidays

Patrick Whyte

Photo Credit: IAG was boosted by an improved performance by BA Holidays, a division of British Airways. British Airways

Skift Take

Over the years British Airways has quietly built up a substantial package holidays business and parent company IAG is reaping the benefits. Whether this can be replicated at other parts of the business, is another matter.

It’s been a tough couple of months for British Airways owner IAG. Boosted by a successful acquisition of Irish carrier Aer Lingus, it was on track for a bumper year -- and then Brexit happened. IAG, which owns a collection of airlines across Europe, is still set to make a profit (around $2.7 billion), it just won’t be as big and it would have been had the UK not voted to leave the European Union, creating mass political and economic uncertainty. The main casualty so far has been the weakening pound, which today IAG

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