International Consolidated Airlines Group S.A. (ICAGY) Q2 2026 Earnings Call Transcript

Good morning, everyone, and welcome to IAG's first half 2026 results. A particular welcome today to Jose Antonio Barrionuevo, who has now taken over as our Group CFO. Also, as usual, I have the rest of the IAG management committee with me today. This first slide captures the essence of where we are today as a group. Since its inception in 2011, we have built IAG into a world-class business. So we now have a diverse portfolio of globally recognized brands in large and attractive markets, delivering industry-leading margins and significant free cash flow and creating long-term value for our shareholders.