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 achieved in the 2004 third quarter. Operating income fell 28.3%, from €112.7 million to €80.8 million, which the company pinned on higher fuel costs and expenses ...

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