Market Overview

IAG Swings To Q1 Loss

Related ICAGY
IAG To Buy British Midland
IAG Reports Rise In Profit

International Consolidated Airlines Group SA (OTC: ICAGY) posted a net loss in the first quarter.

IAG posted a quarterly net loss of EUR146 million, versus a year-ago net profit of EUR33 million. IAG's pretax loss came in at EUR263 million, versus a loss of EUR47 million. Its revenue gained 7.8% to EUR3.92 billion.

IAG posted an operating loss of EUR212 million, versus a loss of EUR102 million.

IAG shares closed at $13.10 yesterday.

Posted-In: lossEarnings News

 

Related Articles (ICAGY)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters