Wall Street Breakfast IAG fuels fleet with Boeing, Airbus buys
May 9, 2025
British Airways' owner makes headlines with a big order of 53 new aircraft from Boeing and Airbus, signaling a bold move for fleet expansion. Meanwhile, Monster Beverage faces struggles as alcohol sales slump, raising eyebrows in the market. Expedia's lackluster revenue growth highlights cautious spending among U.S. travelers, tying into broader economic trends. All these developments paint a complex picture of the current financial landscape, keeping investors on their toes.
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IAG's Long-Haul Fleet Upgrade
- IAG orders 53 Boeing and Airbus planes to modernize and expand its long-haul fleet.
- Deliveries are planned from 2028 to 2033, boosting efficiency and capacity for British Airways and Iberia.
Monster Beverage Faces Sales Headwinds
- Monster Beverage's sales decline 2.3% due to weaker alcohol segment and foreign exchange challenges.
- Excluding alcohol, sales rose 1.9%, showing underlying strength despite headwinds.
Expedia's Mixed Growth Results
- Expedia reports modest growth with 6% increase in booked room nights, but airline bookings drop by 7%.
- Advertising revenue increased 20%, offsetting weaker air travel demand and slightly missing revenue expectations.