IAG cuts further capacity as losses continue to mount
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IAG cuts further capacity as losses continue to mount
By FARUKH SHEHZAD with 0 Comments
International Airlines Group (IAG) has reported a huge loss for the third quarter and confirmed it will make further capacity cuts for the rest of the year. Total revenue at the group - which owns British Airways, Aer Lingus and Iberia - declined by 83 per cent to €1.2 billion over the past three months, compared to