U.S. Demand Is Recovering After Trump 'Liberation Day' Hit, Says IAG CEO

Despite political noise and some short-term booking softness, IAG appears bullish on U.S. demand. CEO Luis Gallego says the real problem isn’t a “Trump Slump,” but a shortage of aircraft throttling global growth.

IAG CEO Luis Gallego says transatlantic demand remains strong, despite recent economic jitters and political uncertainty. Speaking Wednesday, he pointed to a rebound in economy-class bookings and expanded U.S. flying this summer.

Gallego, who oversees flag carriers including British Airways, Iberia, and Aer Lingus, was asked at a Wall Street Journal event if IAG had experienced a "Trump slump" with a drop in international tourism linked to recent U.S. political developments.

The IAG chief downplayed any significant or lasting impact on the business. "In our case, transatlantic is doing well," he said, noting