Culture

 

British Queen celebrates

 

IAG, the parent company of British Airways, projected a medium-term operating margin of 12% to 15% during its capital markets day. Despite robust results in the third quarter and an

unchanged outlook for the 2023 financial year, European airlines have faced challenges due to high jet fuel prices and political uncertainties. Additionally, IAG foresees a medium-term return on invested capital between 13% and 16%. Photo by Steve Lynes from Sandshurst, United Kingdom, Wikimedia commons.