IAG continues to narrow losses in 1Q; operating profit back in black

Credit: By Linda Blachly
International Airlines Group (IAG)—parent company of British Airways, Iberia and Vueling—has reported a first-quarter net loss of €26 million ($29.1 million), narrowed from a €184 million loss for the year-ago period. Operating profit was €25 million, reversed from a loss of €150 million a year ago...

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