FTEJerez was chosen by Vueling in 2012 to provide the airline with graduates for employment as First Officers and in…Read More
IAG doubles full-year operating profit
British Airways and Iberia parent International Airlines Group more than doubled operating profit for the full year to €485 million ($653 million), before exceptional items.
The company’s pre-tax profit reached €503 million for the 12 months to 31 December 2011, including the first 21 days of January before IAG’s formal consolidation.
IAG’s revenues were up by more than 10% to €16.3 billion, although a near-30% increase took fuel costs to more than €5 billion. Other operating costs rose by 1.1% to €10.8 billion.
For the full story, visit the Flight Global website.
Latest News Read More
Cotswold Airport has announced its 2014 Aviation Scholarships, which aim to help young people with dreams of becoming a pilot, aviation…Read More