smart money would be on airline consolidation, improved service levels and smart marketing
Yep! Informed reporting (CAPA) is with you Tail Wheel
International Consolidated Airlines Group (BA+Iberia) has just reported an operating profit of EUR32 million (1HY2010: EUR-309 million) and profit after tax of EUR71 million.
IAG’s result is the strongest of Europe’s “big three” network carriers, which also includes AF/KLM & LH.
Strong revenue gains, particularly in the long-haul premium segment, and prudent cost control measures, drove earnings in the period, and were strong enough to counter the spike in fuel costs.