IAG, ES0177542018

BofA forecasts EUR 1,878 million profit for IAG stock

Published on 10/19/2026 at 10:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fuel-efficiency software will cover more than 600 aircraft after a September 29 announcement. IAG stock costs EUR 4.84 on October 19, 2026.

Profit model meets fuel discipline

Bank of America projected EUR 1,878 million in third-quarter operating profit on October 13, 2026.
IAG's expected 19.20 percent margin rests on 4.00 percent revenue per seat growth.
IAG stock traded at EUR 4.84 at 10:20 a.m. CEST at Lang & Schwarz on October 19, 2026.

Fotorealistisches Flugzeug am Gate bei Sonnenuntergang, Symbolbild Luftfahrt — International Consolidated Airlines Group S.A. (ES0177542018): fotorealistisches Flugzeug am Gate im goldenen Abendlicht dargestellt, Illustration mit AI erstellt.

IAG (ISIN ES0177542018) is heading toward its third-quarter results with Bank of America Global Research projecting EUR 1,878 million in pre-exceptional operating profit. As Finimize reported on October 13, 2026, that estimate is 2.62 percent above the EUR 1,830 million consensus ahead of the November 6 results.

BofA sees margin from pricing

Bank of America modeled a 19.20 percent margin, with revenue per available seat kilometer rising 4.00 percent and non-fuel cost per seat kilometer increasing 0.60 percent. The forecast also assumed an 88.60 percent load factor, making transatlantic pricing and cost control more important than capacity growth.

What does the buyback mean?

IAG launched the final EUR 500 million tranche of its EUR 1.5 billion excess-cash return plan on October 2, 2026. The Financial Times reported that the program may repurchase up to 210 million shares, equal to 4.55 percent of issued capital, with cancellation planned after the purchases.

Three dates shape the thesis

On September 29, 2026, IAG selected OpenAirlines' SkyBreathe platform for more than 600 aircraft across five airlines, according to Ground News. On October 2, 2026, the group announced the EUR 500 million buyback. On October 13, 2026, Bank of America set out the EUR 1,878 million profit case for the third quarter through its cited market preview.

When is the next report?

IAG's next scheduled reporting date is November 6, 2026, for third-quarter 2026 results, according to the company's investor calendar. The latest reported second-quarter figures included EUR 8.883 billion of revenue and EUR 732.0 million of net income, while diluted earnings per share were EUR 0.17.

Euro quote before results

The market is weighing capital returns against fuel and pricing risks before the reporting date. On the LSE, IAG was last at GBp 407.00 on October 19, 2026 at 9:27 a.m. BST, while its 52-week range was GBp 332.70 to GBp 492.90.

IAG was trading at EUR 4.84 at Lang & Schwarz on October 19, 2026 at 10:20 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of IAG stock.