Iberia narrows first-quarter loss to €52 million
Iberia narrowed its first-quarter consolidated net loss to €52 million ($65.5 million), a 43.8% improvement over the €92.6 million deficit in the year-ago period, on a 4.4% decline in revenue to €1.05 billion. Operating costs narrowed 9.5% year-over-year to €1.13 billion owing to a 21% reduction in...
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