Fuels Costs And Sluggish Grow Affect Iberia's First-Half Profit
Iberia's net profit for the first half of the year dropped 53%, to EUR29.2 million (US$35 million) on sales of EUR2.4 billion (US$2.9 billion), as the airline suffered from high fuel costs and sluggish revenue growth and could not take advantage of extraordinary effects. Fuel expenses at the carrier...
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