ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has accepted the …
Read More »BA owner IAG posts record Q1 profit as fares rally
Bloomberg British Airways (BA)-owner IAG SA posted record first-quarter earnings as expenses fell and joined Air France-KLM Group in signaling that increased demand from business travelers is poised to boost prices. Operating profit before one-time items rose 9.7 percent to 170 million euros ($187 million), aided by lower labor and fuel costs, IAG said. A slide in fares slowed, …
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