British Airways owner IAG hits over 4-year high on Q3 profit beat
** Shares of British Airways-owner IAG ICAG.L up 6.2% at 232.4 pence
** Stock hits highest since June 2020; top gainer on FTSE 100 .FTSE
** IAG's Q3 operating profit jumps a bigger-than-expected 15%; Co announces 350 mln euros share buyback
** "Demand remains strong across our airlines and we expect a good final quarter of 2024 financially," - CEO Luis Gallego
** Jefferies notes IAG's margins are higher than pre-Covid and can still grow "as long-haul capacity recovers and self-help opportunities materialise"
** IAG's London-listed peers EasyJet EZJ.L up 2.1% and Wizz Air WIZZ.L up 1.9%
($1 = 0.9275 euros)
Reporting by DhanushVignesh Babu in Bengaluru
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