IAG, the owner of British Airways, reported 2.6 billion euros (£ 2.3 billion) for the first nine months of 2021.
IAG shares decreased by 3 % this morning. It also predicted that the loss over the year would reach 3 billion euros. Three months until the end of September, it was only 43 % of the pre -pandemic level.
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However, the UK-US flight will open on Monday, which will increase the number of passengers.
“It is a very important moment for our industry to resume the corridor of the Atlantic crossing travel from Monday. British Airways offers more US destinations than the Atlantic Aviation Company. I am happy to be able to fly again. ”
“When the travel restrictions are lifted, we continue to use the rapid increase in reservations.”
Interactive Investor’s Richard Hunter commented on the results of the airline. “The 3rd quarterly cash operation cost is 260 million euros a week, emphasizing the need to return to a certain kind of normal nature as soon as possible. The cocktails needed to make the company float. Currently brought net bond numbers that are now 12.4 billion euros.
