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lberia Losses, BMI Purchase And High Fuel Prices Will Depress IAG's Profits
May 14, 2012
International Airlines Group (IAG) expects its financial performance to fall to breakeven this year as the deteriorating performance of Iberia, high fuel costs and the integration of BMI pressure a company that recorded a €485 million (US$626.7 million) operating profit in 2011. IAG, which also...
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