IAG raises full-year profit guidance
IAG, which owns British Airways and Iberia, and recently bought Aer Lingus has said that it expects to generate an operating profit of between €2.25 billion and €2.3 billion for the full year, excluding Aer Lingus.
“Aer Lingus made an operating profit of €45 million since it joined IAG on August 18. While the airline’s profitability is seasonal, Aer Lingus is cost-effective and provides a natural gateway to build our business between Europe and North...
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