BA owner sees jump in yearly profits on healthy demand
AFP
| 2017/10/27 | 340 words
| LE JOURNAL DE L'AVIATION | INDUSTRY / TECHNOLOGY
British Airways parent group IAG on Friday forecast a 20-percent jump in operating profit this year thanks to rising demand and falling costs.IAG said in a statement that its underlying operating profit -- stripping out exceptional items and fluctuations in fuel prices and exchange rates -- was expected to hit 3.0 billion euros ($3.5 billion) in 2017. That was up from 2.5 billion euros in 2016.While some European airlines, including Air Berlin, Alitalia and Monarch, collapsed this year, IAG ...(…)
This article is available on « Le Journal de l'Aviation »
Read the article
Tags :
