IAG posts improved 3Q results due to improved cost discipline at Iberia
Credit: Courtesy, Iberia
International Airlines Group (IAG) reported a net profit of €598 million ($749 million) for the quarter ended Sept. 30, up 3.1% from €580 million in the year-ago period. Operating profit for the third quarter was up 18% to €818 million and revenue was up 8.5% to €5.9 billion. IAG attributed the...
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