Already the subject of takeover rumors involving such heavyweights as TPG, British Airways and Air France KLM, Spanish flag carrier Iberia yesterday presented itself as an even more appetizing target by reporting a second-quarter profit of €62.6 million, up 75.2% on year-ago earnings of €35.7 million, and a half-year profit of €74.8 million that marked its "best performance in the last five years." IB cited a 2.3-point increase in load factor to a record 80.2%, an 8.3-point ...

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