Amadeus sale helps Iberia quadruple quarterly profit
Thanks in no small part to a €635.1 million ($742.6 million) net capital gain earned through the sale of its 18% stake in Amadeus ( ATWOnline , April 15), Iberia Group reported yesterday a net profit of €372.5 million for the quarter ended Sept. 30, a fourfold increase over the €87.8 million profit...
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