British Airways Owner Sees Transatlantic Slowdown Recovering

IAG SA said the weaker demand on transatlantic routes has shown signs of easing over the past three weeks as the travel outlook begins to stabilize following a period of uncertainty.

The British Airways owner noticed “several weeks” of demand softness in its economy cabins from the US, though the situation is now recovering, IAG Chief Executive Officer Luis Gallego said on Monday in a Bloomberg TV interview. Some corporate travel also slowed after the US announced tariffs and business passengers delayed some travel as a result, he added.