IAG doubles profit in its first year
IAG said profit doubled in the first year of its formation from a merger of British Airways and Spain’s Iberia, spurred by demand for business travel on BA’s North Atlantic routes.
International Consolidated Airlines Group said profit doubled in the first year of its formation from a merger of British Airways and Spain’s Iberia, spurred by demand for business travel on BA’s North Atlantic routes.
IAG had an operating profit of €485 million last year, compared with a pro forma €225 million in 2010, the London-based company said in a statement today. That surge masked losses at Iberia, which has its hub...
Subscribe from just €1 for the first month!
What's Included
With any subscription you will have access to
-
Unlimited multi-device access to our iPad, iPhone and Android Apps
-
Unlimited access to our eReader library
-
Exclusive daily insight and opinion seven days a week
-
Create alerts to never miss a subject that matters to you
-
Get access to exclusive offers for subscribers on gifts and experiences
-
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Related Stories
The year in review
The best writing and and the biggest stories of 2019 from the Business Post
Newsround: What Thursday’s papers say
Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals
More cycle routes, expansion of Luas to Bray and new bus network proposed
Greater Dublin Area draft Transport Strategy published
