IAG Cheers Iberia Turnaround And Upgrades 2015 Profit Guidance
February 27, 2015
International Airlines Group (IAG) has demonstrated it is possible to turn a struggling European legacy airline around, as Iberia reported a €50 million ($55.9 million) operating profit for 2014, reversing years of losses, and achieved a 1.5% operating margin. The group had guided that Iberia would...
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