IAG : A more cautious but reassuring message
>Medium-term targets adjusted to more effectively meet demand - At its Capital Market Day held on Friday, 8 November, in London, IAG adjusted its medium-term targets for the 2020-2022 period to more effectively meet current demand and macroeconomic risks. The company is now forecasting i/ capacity growth of 3.4% per annum (vs +6% previously over 2019-2023) incl. +3.2% over 2020 (not adjusted for strikes at BA and the leap year in 2020); ii/ an operating margin of 12-1...International Airlines Group is an international scheduled airline and global premium airlines. Co.'s principal place of business is London with significant presence at Heathrow, Gatwick and London City airports.
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