Chief executive Willie Walsh says that IAG, unlike Ryanair, would not take a stance on the EU referendum

British Airways’ parent company IAG saw its full-year profits soar 64% in 2015 to €1.8bn (£1.4bn), helped in part by falling fuel prices.

The group, which consists of Iberia, Vueling and the recent addition of Aer Lingus as well as BA, said it expected to drive up operating profits by about another €1bn in 2016.

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