International Airlines Group (IAG)—parent company of British Airways, Iberia and Vueling—  reported a 2014 net profit of just over €1 billion ($1.1 billion) for the year ended Dec. 31, 2014, compared to €151 million for the previous year. The profit was achieved on revenue of €20.2 billion, up 8% on the previous year. Capacity in ASKs rose 9.3%, with load factor dipping 0.4% to 80.4%. The increase in capacity extended across all regions, reflecting the ...

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