The airline group – which also owns Vueling, Aer Lingus and Iberia – made a €1.8bn (£1.6bn) pre-tax loss in the first quarter last year, said its forecast on passenger numbers remains “uncertain and subject to review”. Luis Gallego, the chief executive of IAG, said: “We’re doing everything in our power to emerge in a stronger competitive position. We’re absolutely confident that a safe restart to travel can happen as shown by the scientific data. Guardian business email sign-upThe company said its cargo operation enabled it to operate a “more extensive passenger long-haul network”. In the final three months of last year, IAG operated 969 cargo-only flights.

Source: The Guardian May 07, 2021 07:30 UTC