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Iberia: in 2005 losses of about 7%

Madrid, Spain - The airline under pression by low-cost carrier and by Air France-KLM

Iberia registered a loss of the 7% in the earnings of 2005 from EUR 749 million to EUR 699.7 million. Spanish flagship carrier is fighting with the no-frills carrier in Europe, that is the market from which arrived the two-third of its passengers revenue, and with Air France-KLM for the routes to Latin America, that according to the analysts are its best asset. Also the recent enlargement of Madrid...

AVIONEWS - World Aeronautical Press Agency - 136664
Rome, Italy, 02/28/2006 18:46
AVIONEWS - World Aeronautical Press Agency

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