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Aircraft and finance: Iberia pushes to IAG Q2 balance towards the red

London, United Kingdom - Expenses for fuel and emission charges increased by 25%

The balance sheet relative to the second quarter of 2012 of International Airlines Group (Iag), the holding constituted by British Airways and Iberia, reports negative results, mostly because of the well-known fuel cost increases and the negative performance on the Spanish side. The group reported an operating loss of 253 million Euro, which is actually entirely due to Iberia's performance: the...

AVIONEWS - World Aeronautical Press Agency - 1144218

AVIONEWS - World Aeronautical Press Agency
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