1024 GMT - IAG's margins are higher now than before the coronavirus pandemic and they can continue to grow as the airline group's long-haul capacity recovers, Jefferies analysts say in a research note. Its strong balance sheet also gives the British Airways owner the option to continue to add brands to its group, which also includes Iberia and Vueling, or to grow dividends, Jefferies says. Company guidance of around 3% higher passenger-carrying capacity this year with continued strong customer demand implies EBIT consensus at 4.6 billion euros. Shares trade 3.6% higher at 351.0 pence. (pierre.bertrand@wsj.com)
(END) Dow Jones Newswires
February 28, 2025 05:24 ET (10:24 GMT)
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