BA-parent IAG posts 485 million euro loss for summer quarter
Published by maria gbaf
Posted on November 5, 2021
1 min readLast updated: January 28, 2026

Published by maria gbaf
Posted on November 5, 2021
1 min readLast updated: January 28, 2026

IAG, British Airways' parent, reported a 485 million euro loss for the summer quarter, impacted by pandemic restrictions and transatlantic market closure.
LONDON (Reuters) – British Airways parent company IAG posted a loss of 485 million euros for its summer quarter as pandemic restrictions and the partial closure of the transatlantic market continued to hold back a travel recovery.
IAG’s operating loss before exceptional items of 485 million euros for the July to end September period was ahead of a consensus forecast for a loss of 513 million euros.
(Reporting by Sarah Young, Editing by Paul Sandle)
The article discusses IAG's financial loss of 485 million euros for the summer quarter due to pandemic-related travel restrictions.
IAG's loss was 485 million euros, which was better than the forecasted loss of 513 million euros.
Pandemic restrictions and the partial closure of the transatlantic market contributed to IAG's financial loss.
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