LSE:IAG 23 June 2025 - 2 January 2026

IAG shares traded around 408p in London on 15 December 2025, up 1.1% intraday and near the top of their 52-week range. The move follows IATA’s forecast of record airline profits in 2026, but IAG recently reported weaker U.S.–Europe leisure demand and lower North Atlantic passenger load factors.

IAG shares traded at 402.39p in London at 10:20 GMT on 12 December, up 1.2% on the day and 37.9% year-on-year, with a market cap near £17.6bn. The stock remains about 6% below its 52-week high. Q3 operating profit reached €2.05bn, up from €2.01bn last year. Analyst debate centers on valuation, cash returns, and earnings outlook for 2025.

IAG resumed regular cash dividends on 1 December 2025, marking its first payout since the pandemic. Shares traded near 392p in London and €4.46 in Madrid, up about 59% over the past year and over 190% in three years. The group reported strong cash flow and a market cap of £18.2 billion, despite softer transatlantic demand and rising short-haul capacity in Europe.

Iran fired six or seven ballistic missiles at the U.S. Al Udeid base in Qatar; all were intercepted after Tehran reportedly issued a warning. The U.S. struck three Iranian nuclear sites with B-2 bombers, while Israel hit Evin prison, Revolutionary Guard HQ, and airports, claiming 15 Iranian warplanes destroyed. Nearly 1,000 Iranians and at least 24 Israelis have been killed. Regional airspace closures forced major airlines to reroute flights.