iag / English

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IAG, whose airlines also include Iberia, Vueling and Aer Lingus, said demand for travel 'remains strong' as it looks to fly even more passengers this year than last.

The FTSE 100 hit a new record close, up 52.41 points at 8433.76. The index reached a new intraday high of 8,455.77 earlier in the session.

Unrelenting demand from holidaymakers powers airline group despite weakness in Asia

British Airways' parent company, which also runs Iberia and Aer Lingus, revealed its operating profits climbed to €68million (£58.5million) in the first quarter.

International Airlines Group (IAG) said it was continuing to see a rebound in leisure travel.

International Airlines Group (IAG) said it was continuing to see a rebound in leisure travel.

International Airlines Group (IAG) said it was continuing to see a rebound in leisure travel.

International Airlines Group (IAG) said it was continuing to see a rebound in leisure travel.

IAG rose 3.7%, while Easyjet added 2.9% and Wizz Air increased 5.3%. Shares in IAG, are up almost a fifth this year.