IAG fears Trump’s trade war: 17% of 2024 income -€5,406 million- depended on US

IAG

Link Securities | The holding company IAG (IAG) fears that the trade war unleashed by US President Donald Trump since his arrival at the White House will affect its business with higher prices and less appetite for flying in general and, in particular, on routes to the United States, one of its main markets, according to Expansión.

Last year, 17% of IAG’s income, or €5.406 billion, depended on the United States, compared to €5.562 billion in Spain and €11.291 billion in the United Kingdom.

About the Author

The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.