FRANKFURT—International Airlines Group (IAG) is revising downwards its capacity planning for the next three years as it looks at ways to bring more functions up to the group level from its operating entities. At its Nov. 8 capital markets day IAG revealed that it plans to grow capacity by an average of 3.4% in the next three years, through 2022. That compares to the previous target of a 7.4% compound annual growth rate (CAGR) and leads to the group offering 13.3% less capacity in 2022 ...


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