Crashed during the pandemic (2020), I invested at 160GBX, lacklustre performance since then despite a steady recovery.
Major concerns were their huge debt, geopolitical tensions, aging fleet and simmering pensions bomb.
Currently, 2024 H1 results came out end of July and looks great, dividend reinstated near the beginning of August, they're rapidly paying off their debt and since the beginning of August the stock has been soaring.
Am I missing anything or is IAG stock finally going to get a break?
Edit: I want to add, since it started soaring I had thought momentum would peter out within days but I felt like posting this because I noticed this has not happened and today in particular the stock is doing well (up 3%).
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