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Iberia, an increase of profit and foreign partnerships

Madrid, Spain - The carrier plans an increase of profit of EUR 600m between 2006 and 2008

The financial director of Iberia, Enrique Dupuy, has stated the carrier plans to surpass by the end of the year the profit registered in 2005. To reach this aim the Spanish airline has studied several manoeuvres, among which some partnerships with air companies like Lufthansa, British Airways or Air France, and a plan to cut 9% of costs, to be reached trough staff reduction. This should allow Iberia...

AVIONEWS - World Aeronautical Press Agency - 67884

AVIONEWS - World Aeronautical Press Agency
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