International Airlines Group (IAG) reported a net profit of €598 million ($749 million) for the quarter ended Sept. 30, up 3.1% from €580 million in the year-ago period. Operating profit for the third quarter was up 18% to €818 million and revenue was up 8.5% to €5.9 billion. IAG attributed the improved performance largely to an increase in passenger revenue and a reduction in unit costs, especially at Spanish subsidiary Iberia. IAG CEO Willie Walsh said: “At ...

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