IAG widens first quarter losses as it restructures Iberia

International Consolidated Airlines Group (IAG) widened its first quarter losses reflecting the costs of restructuring its Spanish carrier Iberia.

International Consolidated Airlines Group (IAG) widened its first quarter losses reflecting the costs of restructuring its Spanish carrier Iberia.

The parent company of British Airways reported an operating loss of €278m, before exceptional items, up from the previous year's €249m loss.

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