IAG posts 2Q profit increase despite higher fuel costs
Credit: Rob Finlayson
International Airlines Group (IAG) posted a second-quarter net profit of €736 million ($814 million), up 19.5% from €616 million, before exceptional items, a year ago, as revenue gains overcame higher fuel costs. Revenue rose 9.5% year-over-year (YOY) to €6.8 billion, while expenses were up 10% to...
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