BA Owner Reveals Half Year Profits Of £182m

International Airlines Group, the owner of British Airways and Iberia, has announced half year operating profit of £182m (€230m).

The company says the results are £208m (€230m) better than 2013 when it made a £26m loss.

IAG boss Willie Walsh told Sky News the turnaround in Iberia had been "stunning" and said it was buying eight Airbus A350-900 aircraft for the airline, as well as eight A330-200 planes.

Mr Walsh said: "Iberia has taken significant steps to restructure its business and the progress made so far means that we can bring new longhaul aircraft into the airline's fleet. These orders demonstrate our commitment to make Iberia competitive."

More than 3000 jobs have been cut at the Spanish airline and nearly 1,500 more losses have been annouced.

IAG's second quarter operating profit was £301m (€380m), up some £107m (€135m) on last year, as the lucrative spring and summer seasons deliver a big increase in passenger numbers.

More follows...

Anda sedang membaca artikel tentang

BA Owner Reveals Half Year Profits Of £182m

Dengan url

http://raskindollar.blogspot.com/2014/08/ba-owner-reveals-half-year-profits-of.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

BA Owner Reveals Half Year Profits Of £182m

namun jangan lupa untuk meletakkan link

BA Owner Reveals Half Year Profits Of £182m

sebagai sumbernya