Iberia remains in the black, although 2008 profit falls 90.2%

While noting that last year was "one of the most difficult in recent memory," Iberia Group still managed to achieve its 13th consecutive full-year profit with net earnings of €32 million ($40.8 million), down 90.2% from the €328 million reported in 2007. Operating revenue fell 1.3% year-over-year to...

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