Losses have deepened for IAG, the owner of airlines BA and Iberia, as it reports a half-year operating loss of 345m euros (£300m).
The six-month figure to June 30 compares to a loss of 253m euros (£220m) in the same period last year.
However the airline group saw passenger revenue rise by 4% to 7.498bn euros, with total revenue up 2.1% to 8.707bn euros compared to last year.
IAG said the operating loss for the half-year was 33m euros before exceptional items were added.
The company has been implementing a significant restructuring on Iberia, which has resulted in industrial action and major job cuts.
BA's performance in the group further strengthened, with operating profit at 247m euros in the period, compared to 94m euros in 2012.
Chief executive Willie Walsh said: "The London market and transatlantic traffic remains strong, legacy costs from the BMI integration have ended and the airline remains focused on cost control."
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