Iberia told shareholders at its AGM that it intends to pay a "significant" extraordinary dividend out of the capital gains from the sale of its stake in Amadeus, which should bring the airline around €600 million ($750.6 million) (ATWOnline, April 15). For 2004, Iberia will pay a dividend of 5 euro cents a share as it increased consolidated net income by nearly 51% to €220 million in 2004 from €146 million in 2003. "We are going to pay an extraordinary dividend for the ...

Subscribe to Access this Entire Article

"Iberia to pay hefty extraordinary dividend from Amadeus sale funds" 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? ATWPlus@penton.com.

Already registered? here.