BA-owner IAG says quarterly profits hit by strikes
AFP
| 2019/10/31 | 217 words
| LE JOURNAL DE L'AVIATION | AIR TRANSPORT
London-listed airline giant IAG admitted Thursday that recent historic strikes by British Airways pilots had hurt its performance in the third quarter.Net profit sank nine percent to 1.0 billion euros ($1.1 billion) in the three months to the end of September from a year earlier, said IAG, which also owns Spanish carrier Iberia and Ireland's Aer Lingus.The London-listed company added in a results statement that it took a 155-million-euro charge from the cost of major disruption including ind...(…)
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