International Consolidated Airlines Group (IAG) posted a €930 million ($1 billion) net profit for the 2016 third quarter, up 9.7% year-over-year (YOY) from the Group’s to €848 million net income in 3Q 2015. IAG encompasses Irish flag carrier Aer Lingus, British Airways, Spain’s flag carrier Iberia and Spanish low-cost carrier (LCC) Vueling. The group’s consolidated total revenue for the quarter was €6.5 billion, down 4% YOY from €6.8 billion a year ...

Subscribe to Access this Entire Article

"IAG posts $1 billion 3Q net profit" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.