Airlines
Economy

IAG, the parent company of Iberia and Vueling, will distribute a dividend of 4.8 cents on December 1st

1 min
THE MADRID-BARAJAS AIRPORT: Planes from Iberia and its subsidiary Iberia Express parked at Madrid-Barajas Airport, the main stronghold of the former Spanish airline monopoly. IAG recently gained full control of Vueling, the main airline at El Prat Airport.Ignasi Pujol

IAG, the parent company of Iberia, British Airways, and Vueling, closed the first nine months of the year with a net profit of €2.703 billion, a 15.5% increase year-on-year. The company will pay a gross dividend of 4.8 cents per share on December 1.