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Soaring fuel costs hit profit at British Airways owner IAG
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Evening Standard
British Airways owner sees profits hit by soaring jet fuel costs
International Airlines Group (IAG) said pre-tax profits fell 12.9% to 1.63 billion euros (£1.33 billion) in the three months to September 30.
6 Nov, 07:38
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City AM
Soaring fuel costs hit profit at British Airways owner IAG
British Airways owner IAG has taken a hit to its profit due to “very high” jet fuel prices, which industry bosses have warned could force some airlines into collapse next year. The London-listed firm, which also owns airlines Vueling and Aer Lingus, saw its pre-tax profit dip 16 per cent to €3bn in the nine [...]
6 Nov, 08:18
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