All the airlines owned by International Airlines Consolidated Group will end this year with a profit, CEO Luis Gallego said on Wednesday. IAG, which owns British Airways, Iberia, Vueling and Aer Lingus, among others, had said previously it expected to return to an overall profit after a two-year crisis caused by the COVID-19 pandemic, without elaborating on individual airlines. "We foresee all the airlines of the group to make profits again this year," Gallego told an event in Madrid organised by El Economista newspaper.
After sweeping job and pay cuts when COVID-19 brought travel to a grinding halt, staff across the industry from pilots to baggage handlers are asking for big pay increases and better working conditions. ** European flights faced widespread disruption on Sept. 16 as a French air traffic controllers' strike forced airlines to cancel half of those scheduled to arrive or depart Paris airports and others due to have flown over France. Ryanair said the travel plans of 80,000 passengers had been affected when it had cancelled 420 flights, mainly intended to fly over France.
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