Middle East Eye · General

Middle East conflict weighs on British Airways owner IAG's profits

· By Middleeasteye
Story summary

Middle East conflict weighs on British Airways owner IAG's profits International Airlines Group (IAG), the owner of British Airways and Iberia, said its third-quarter net profit fell by more than 12 percent as fuel costs rose and the conflict in the Middle East disrupted flights. Profit after tax fell to 1.23 billio…

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