British Airways parent IAG SA boosted quarterly earnings 45 percent, beating estimates, and said the full-year figure will show a double-digit gain aided by stronger pricing on long-haul routes. Operating profit before one-time items rose to 805 million euros ($941 million) in the second quarter from 555 million euros a year earlier, IAG said in a statement Thursday. Analysts had expected earnings of 747 million euros, the average of seven estimates compiled by Bloomberg. Europe’s second-biggest airline group benefited from stronger demand from Latin America and Asia as well as a late Easter, which boosted leisure bookings. The London-based company’s Spanish Iberia arm posted a profit from a year earlier loss while discount unit Vueling cut its deficit and British Airways tapped a strong trend in corporate bookings. Chief Executive Officer Willie Walsh said the group was reporting “a very strong performance” and that passenger unit-revenue—a measure of fares—should gain in the second half at constant currencies, spurring 12-month profit growth of at least 10 percent. A power outage at BA that grounded flights for more than 75,000 passengers over a weekend in May cost 65 million euros in more compensation compared with equivalent payouts last year in the period.