International Consolidated Airlines Group (IAG) posted a €930 million ($1 billion) net profit for the 2016 third quarter, up 9.7% year-over-year (YOY) from the Group’s to €848 million net income in 3Q 2015. IAG encompasses Irish flag carrier Aer Lingus, British Airways, Spain’s flag carrier Iberia and Spanish low-cost carrier (LCC) Vueling. The group’s consolidated total revenue for the quarter was €6.5 billion, down 4% YOY from €6.8 billion a year ...

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