US EditionIAG's Third-Quarter Profit Inline with Expectations
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12 Articles
IAG, Iberia's parent group, Vueling and British Airways, announced this Friday an increase in the dividend after firing more than 15% of its profit after taxes to the 2,703 million euros between January and September. The aeronautical holding company has almost completely completed the repurchase of shares worth 1 billion euros announced in February of this year and has assured that it will announce new distributions to its shareholders when it …
IAG's third-quarter profit inline with expectations
Aer Lingus and British Airways owner IAG has flagged weakness in the US economy market, sending its shares down as much as 10% even as it reported third-quarter operating profit largely in line with expectations and a rise in bookings.
IAG controls British Airways, Iberia, Aer Lingus and low-cost airline Vueling.
IAG's Cash Cow, British Airways Went All In On The United States... It's Stock Price Fell 10% As It Admitted Demand Is 'Softening'
The share price of IAG, one of Europe’s largest airline groups and the parent company of brands like British Airways and Iberia, closed more than 10% down on Friday following the release of the conglomerate’s financial results for the third quarter. As you might expect, IAG painted a largely positive picture of its results, boasting… The post IAG’s Cash Cow, British Airways Went All In On The United States… It’s Stock Price Fell 10% As It Admitt…
The airline group IAG with the airlines British Airways and Iberia earned less on the bottom line in the third quarter. Net profit fell by 2.3 percent to 1.4 billion euros.
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