INTL AIRLINES GROUP

INTL AIRLINES GROUP lost €1.5b in 2Q20 (vs €812m loss in 2Q19) on 89% lower revenues; in anticipation of flying reduced capacities in 3Q20 (-74%) and 4Q20 (-46%) vs 2019, it has deferred delivery of 68 aircraft due in 2020-2022 and retired 32 British Airways 747s/15 Iberia A340-600s. It expects it...

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