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The following consensus for International Consolidated Airlines Group, S.A. (IAG) was updated on 9 July 2025.

This consensus reflects analyst expectations received between 1 July 2025 and 8 July 2025.

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Analysts

Alphavalue
Yi Zhong

 

Banco Sabadell
Rafael Bonardell

 

Banco Santander
Eduardo Gonzalez

 

Bank of America 
Muneeba Kayani

 

Bankinter
Pilar Aranda

 

Barclays
Andrew Lobbenberg

 

Bernstein
Alexander Irving

 

CaixaBank BPI
Guilherme Macedo

 

Citi
Conor Dwyer

 

Davy Stockbrokers
Stephen Furlong

Deutsche Bank
Jaime Rowbotham

 

Exane BNP Paribas
James Hollins

 

Goldman Sachs*
Patrick Creuset

 

Goodbody
Dudley Shanley

 

GVC Gaesco Valores
Rafael Fernández de Heredia

 

Intermoney Valores
Julian Perez Solana

 

JB Capital Markets
Miguel González

 

Jefferies
Michael Aspinall

 

JP Morgan
Harry Gowers

 

Kepler Cheuvreux
Marc Zeck

Morgan Stanley*
Axel Stasse

 

Oddo Securities
Olfa Taamallah

 

Panmure Liberum
Gerald Khoo

 

Peel Hunt
Alexander Paterson

 

Raymond James
Savi Syth

 

RBC Capital Markets
Ruairi Cullinane

 

Redburn Rothschild
James Goodall

 

Renta4
Ivan San Felix

 

UBS
Jarrod Castle


*Act as corporate brokers

International Consolidated Airlines Group SA is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding International Consolidated Airlines Group SA's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of International Consolidated Airlines Group SA or its management. International Consolidated Airlines Group SA does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

Disclaimer

The consensus has been collated from estimates submitted by analysts to IAG using a standard template. The information is provided purely for convenience to users of our website, for information purposes only.

IAG neither endorses, nor accepts responsibility for, any material published or relied upon by any analyst from which the figures presented are calculated, nor does it endorse or accept responsibility whatsoever for the views of these or any other analysts reporting on the company. In particular, IAG makes no warranty or representation as to the accuracy of the research, the reasonableness of any assumptions or projections or the likelihood of achieving the figures set out. IAG has not commented on or verified any individual estimates, nor does it intend to do so in the future, and IAG shall not be liable for any errors in the content of the research material, or for any action taken in reliance thereon.

Furthermore, IAG may at any time be in possession of information that may affect the research and has not commented upon, reviewed or updated, and is under no obligation to comment upon, review or update, the research.

Nothing contained herein should be taken as a recommendation to buy or sell shares in IAG or to take or refrain from taking any other action or to place any reliance on any of the information set out on our website. When making an investment decision you should seek the advice of an independent financial adviser.

The consensus figures are calculated using the straight average of the submissions provided on a quarterly basis, and are not altered or adjusted in any way by IAG other than as stated.

It should be noted that estimates are by definition forward looking and as such are speculative and are therefore subject to risks and uncertainties that may materially affect eventual results. Although IAG will endeavour to procure that the figures presented are kept updated in accordance with the methodology set out above, IAG assumes no obligation to update, revise or supplement the figures presented.