IAG's €71 million half-year profit brightens gloomy earnings season

Posted 01/08/2011

International Airlines Group, parent of British Airways and Iberia, distinguished itself from rivals suffering losses or significantly reduced earnings (ATW Daily News, July 29) by posting a net profit of €71 million ($101.8 million) for the 2011 first half, reversed from a pro-forma BA/IB €352 million net deficit in the first six months of 2010.

Originally published 1 Aug 2011 at: http://feeds.atwonline.com/~r/AtwDailyNews/~3/9xfaQewiVgE/iags-71-million-half-year-profit-brightens-gloomy-earnings-season-0729

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