BA owner IAG reports €3.5bn loss as it monitors Ukraine developments | International Airlines Group

The owner of British Airways, International Airlines Group, more than halved losses to €3.5bn in 2021 and expects to return to profit this year as long as operations are not significantly disrupted by Covid-19 or the invasion of Ukraine.

The company, which made a record €7.4bn (£6.4bn) loss in 2020, said that passenger levels were still only 36% of pre-Covid levels last year.

The company…

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News Source: https://www.theguardian.com/business/2022/feb/25/ba-owner-iag-reports-loss-as-it-monitors-ukraine-developments

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