FlyerTalk Forums - View Single Post - IAG results out, record Q1
View Single Post
Old May 5, 2017, 4:10 am
  #1  
Worcester
 
Join Date: Sep 2014
Location: Brexile in ADB
Programs: BA, TK, HHonours, Le Club, Best Western Rewards
Posts: 7,067
IAG results out, record Q1

http://www.bbc.com/news/business-39815659

Revenue down 2.8%

Profit up by 10%

IAG, which also owns Aer Lingus, BA & Iberia, said underlying operating profits in the quarter rose 10% to 170m euros (£144m).
The increase came despite a 2.8% dip in group revenues to 4.9bn euros.
IAG added that bookings for its new long-haul low-cost airline called Level, which starts services in June, were "well ahead of expectations".

Share price up 5%
Worcester is offline