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BREAKING NEWS

BA-owner IAG beats profit expectations in third quarter

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BA-owner IAG beats profit expectations in third quarter

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LONDON (Reuters) – British Airways owner IAG reported better-than-expected quarterly profit on Friday, after an improved performance in Spain and Latin America boosted revenue from its passengers. IAG reported third-quarter operating profit before exceptional items of 1.46 billion euros, ahead of a company-compiled analyst consensus of 1.4 billion euros and compared to 1.2 billion euros in 2016.

(Reporting by Alistair Smout; editing by Kate Holton)
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