ubs maintains neutral rating for international consolidated airlines group

UBS has given International Consolidated Airlines Group, S.A. (IAG) a neutral rating.

In 2023, IAG reported carrying 115.6 million passengers, which accounted for 87.6% of its sales activity. The airline's revenue streams also include freight transport, which made up 3.9%, and other services such as maintenance and computer reservation systems, which constituted 8.3% of sales.

By the end of 2023, IAG is expected to have a fleet of 582 aircraft. The sales distribution of IAG shows a strong presence in the United Kingdom, contributing 34.6% of total sales, followed by Spain at 17.8%, the United States at 17.2%, and other regions accounting for 30.4%.

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