BA-parent IAG posts 485 million euro loss for summer quarter
BA-parent IAG posts 485 million euro loss for summer quarter
Published by maria gbaf
Posted on November 5, 2021

Published by maria gbaf
Posted on November 5, 2021

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)
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)
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