Iberia Group said it its first-quarter results were "dulled" by sharp hikes in the price of fuel, resulting in a net loss of €441,000 ($684,000), reversed from a profit of €12.3 million in the year-ago period. It noted that net income was affected by disposal gains on aircraft of €21.7 million. Operating revenue slid 0.7% to €1.3 billion owing to a 2.3% decrease in passenger revenue driven by the depreciation of the dollar, overcapacity and a longer average flight ...

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