Iberia reported consolidated third-quarter net income of €30.4 million ($38.6 million), down 79.5% from €148.2 million in the year-ago period, on rising fuel costs and weaker demand. Operating revenue slipped 0.6% to €1.45 billion while costs rose 8.7% to €1.43 billion. EBIT fell 88.4% to €16.2 million from €139.3 million last year. Yield lifted 0.5% to 7.43 euro cents Iberia did not give a full-year forecast, but Chairman and CEO Fernando Conte indicated ...

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