28-Feb-2011 4:16 PM
IAG reports consolidated results for British Airways and Iberia
Analysis
International Airlines Group (IAG), the company created out of the merger of British Airways and Iberia Airlines, reported its first ever consolidated financial highlights for the two airlines. The group earned net profit of EUR90 million for the three months to the end of Dec-2010, on revenue of EUR3.8 billion for the quarter. Shares in AIG were down 0.7% to the close of trading on Friday.
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