×
App Icon
The Standard e-Paper
Join Thousands Daily
★★★★ - on Play Store
Download App

British Airways owner IAG posts 1.14b euro first quarter loss

British Airways-owner IAG reported a 1.14 billion euro loss for the three months to end-March, as the pandemic restricted travel, and forecast only a small rise in capacity to 25 per cent for the April-June quarter.

Flying just 20 per cent capacity in the three months to the end of March resulted in the group posting the operating loss before exceptional items of 1.14 billion euros, slightly better than the 1.17 billion euro loss consensus forecast.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902