International Airlines Group has announced record profits for the first half of 2023, with air fares up almost 10% on last year.
The British Airways owner said it expected its flight capacity across the group to recover to pre-pandemic levels by the end of the year, with booming demand pushing it to a half-yearly operating profit of €1.3bn (£1.1bn) from losses of €446m (£383m) for the first six months of 2022.