International Airlines Group (IAG) showed a marked improvement in its first-quarter figures compared to the year-ago quarter as restructuring at Spanish flag-carrier Iberia continues to flow through to the bottom line. Net losses were reduced to €184 million ($253.7 million) compared to a loss of €630 million in the year-ago period. The result was achieved on revenue of €4.20 billion, up 6.7% on last time’s €3.93 billion. The winter period is traditionally the ...

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