IAG profits lifted as Iberia shows recovery signs

[mhm]

International Airlines Group (IAG) has reported a return to profit in the second quarter of the year, helped by signs of a turnaround at its Spanish carrier Iberia.

IAG - which also owns British Airways - reported operating profits of 245m euros ($323m; £214m) for the period, up from a loss of 4m euros last year.

Losses at Iberia narrowed to 35m euros from 93m a year earlier.
http://www.bbc.co.uk/news/business-23545401

[Triple7]

BA Owner IAG In £442m Loss

Losses have deepened for IAG, the owner of airlines BA and Iberia, as it reports a half-year pre tax loss of 506m euros (£442m) in the six months to June.

http://news.sky.com/story/1123553/ba-owner-iag-in-442m-loss

A slightly different take and (perhaps) a fuller picture of the first half year and not just the last quarter. Spin the story so it sounds good - that's what you get the extra for Willie 

Tim