Airline

IBERIA BACK IN THE BLACK

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IBERIA BACK IN THE BLACK

Iberia has posted consolidated net profit of €74 million ($103 million), from a €16 million deficit for the same period last year. Revenues increased by 15.8% to €1.35 billion. Operating expenses rose at a much lower rate of 4.1% to €1.27 billion with fuel costs down 2.2% on the year-ago...

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