IAG to make operating profit of €1.5bn in 2015

International Consolidated Airlines (IAG) rose strongly on Friday after saying that it expects to make €1.5bn in operating profits in 2015, significantly higher than €6m achieved in 2010.

International Consolidated Airlines (IAG) rose strongly on Friday after saying that it expects to make €1.5bn in operating profits in 2015, significantly higher than €6m achieved in 2010.

In its Capital Markets Day, the firm will reveal its target which it expects to achieve through an increase from €400m to €450m in synergy targets (from the merger of British Airways and Spain's Iberia) from year five, €400m of structural profit improvements and €150m in organic growth.

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