International Airlines Group (IAG) weathered the effects of rising fuel prices and unfavorable currency movements to record a net profit before exceptional items of €1.14 billion ($1.29 billion) for the third quarter (3Q), nearly the same as the year-ago restated figure. After exceptionals, net profit for the quarter was somewhat improved compared to a year ago, at €1.1 billion, compared to €990 million last time. The figure was achieved on revenues of €7.14 billion, up ...

Subscribe to Access this Entire Article

"IAG reports strong 3Q despite fuel, currency issues " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.