IAG SA announced plans to sustain shareholder returns despite rising fuel expenses linked to the Middle East conflict. The airline group reported an interim dividend of €0.053 per share, a 10% increase from the prior year, and launched the final €500 million installment of a €1.5 billion share buyback program targeting completion by February. This commitment comes as the company revised its 2026 fuel bill upward to €8.9 billion, from an earlier estimate of €8.6 billion.
IAG also predicted a slight capacity drop for the full year, contrasting with its July forecast. The report arrives as global carriers trim winter schedules and adjust earnings outlooks amid soaring jet fuel costs. As the last major European carrier to release third-quarter results, IAG follows peers Deutsche Lufthansa AG, Air France-KLM, and Ryanair Holdings Plc, all of whom signaled higher fares for the coming year.
Source: Bloomberg Markets · Summarized by HeadlinesBriefing