British Airways-parent IAG posts 1.1 bn-euro loss
AFP
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File photo: Agencies
IAG, owner of British Airways and other European airlines, posted on Friday a net loss of 1.1 billion euros ($1.3 billion) in the first quarter as the coronavirus pandemic grounded planes.
It was a reduction, however, on the company's net loss of 1.68 billion euros in the first three months of 2020 as Covid took off.