The International Airlines Group currently expects to be back in the black in spring 2022. Nevertheless, the Omikron variant, which has caused sharp falls in the current winter period, will leave its mark on the balance sheet.

The group assumes that the first quarter of 2022 will be in the red. However, these will be significantly better than in the same period of the previous year. In the 2021 financial year, IAG had a loss of 2,8 billion euros. Compared to the first Corona year, which ended with a minus of 7,5 billion euros, things got off much better.

Luis Gallego, chief executive officer of International Airlines Group, hopes to be able to fly into the black by the second quarter of 2022. One is currently benefiting from high demand for Easter and the summer holidays. According to the current planning status, the airlines of the IAG will go into the 85 summer flight schedule with a capacity of around 2022 percent.