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flag IAG, parent of British Airways, reports €198m Q1 profit, tripling earnings amid strong travel demand.

flag International Airlines Group (IAG), parent company of British Airways and Aer Lingus, reported a stronger-than-expected first-quarter profit of €198m, nearly tripling its operating earnings. flag The company attributed the success to strong demand, especially on transatlantic routes, and cost-cutting measures. flag IAG also announced plans to order 53 new long-haul aircraft and has seen a reduction in Aer Lingus's losses. flag Despite global economic uncertainties, IAG expects continued demand in its core markets.

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