IAG issues profit warning after taking $187 million hit from strikes

Credit: Rob Finlayson
International Airlines Group (IAG) is expecting its full-year operating profit to be down on 2018, after taking a £170 million ($186.6 million) hit from industrial unrest among its pilots and Heathrow Airport workers. Updating the market Sept. 26, IAG CFO Steve Gunning said IAG is expecting its 2019...

Subscription Required


This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login


Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.