Half Year 2023 International Consolidated Airlines Group SA Earnings Call Transcript
Good day, and thank you for standing by. Welcome to the Half Year 2023 International Airlines Group Earnings Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded.
I would now like to hand the conference over to your speaker today, Luis Gallego, CEO. Please go ahead.
Thank you very much. Good morning, everybody, and thank you for joining the IAG results presentations for the first half of 2023. With me today, I have Nicholas Cadbury, our CFO, as well as members of our management committee, including the CEOs of our main airlines. We have had a strong start to the year, reflecting that our airlines are based in large markets with good demand for our services. We have recorded a record profit, both for the half year and the second quarter with operating profit for the first 6 months of EUR 1.26 billion, which is also a big increase compared to this time last year.
Specifically, our Spanish businesses
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