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Airline group IAG profit rises on Iberia recovery

01/08 09:32 CET

Airline group IAG profit rises on Iberia recovery

MADRID (Reuters) - British Airways owner International Airlines Group reported a 55 percent rise in second-quarter operating profit on Friday, mainly due to a recovery at Spanish airline Iberia. IAG, Europe's second-largest airline by market value, postedoperating profit before exceptional items of 380 million euros (301 million pounds), ahead of a company-supplied consensus forecast of 354 million euros. …

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