IAG's quarterly profit beat analyst forecasts by 40% and the British Airways parent company said the outlook for summer travel was encouraging, although it warned it was "mindful" of uncertainty in the wider economy.
IAG, which also owns Iberia, Aer Lingus and Vueling, did not on Friday provide an update on its full-year guidance.
It had said in May it expected annual profit above the top end of a 1.8 billion euros to 2.3 billion euros range.
IAG said in its statement that while there was no sign of weakness in forward bookings it was "mindful of wider uncertainties that might affect the full year."
For the three months to the end of June, the group recorded an operating profit before exceptional items of 1.25 billion euros ($1.37 billion), compared to the 895 million euros analysts were on average expecting.
Persons:
IAG
Organizations:
British Airways, Aer Lingus, Air France, KLM, Friday, Ryanair, British, Heathrow
Locations:
Iberia, Aer, Europe