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Iberia losses soar as economic crisis hits air travel - Business News, Business - The Independent

British Airways' Spanish merger partner Iberia today said losses in the first nine months of the year more than tripled to €181.9m (£162.4m).

The group is suffering the same industry headaches that left BA with its first ever interim loss this year, with passengers flying less amid the recession.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Nov 13th, 2009 at 12:28:12 PM EST
[ Parent ]
What better way to celebrate a merger than posting losses?

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Fri Nov 13th, 2009 at 12:32:29 PM EST
[ Parent ]

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