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International Airlines Group Reports Record 2020 Loss

MIAMI – Global air carriers continue to report painful financial results caused by plummeting demand due to the COVID-19 pandemic. International Airlines Group (IAG), the parent company of British Airways (BA), Aer Lingus (EI), Iberia (IB), and other brands, today announced a record €7.4bn (US$9bn) loss for 2020. That compares to a profit of €2.6bn […]

The post International Airlines Group Reports Record 2020 Loss appeared first on Airways Magazine.

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Source:: “Airways Magazine”

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