Air Transport World

Iberia.(EUROPE Report)(Iberia Lineas Aereas de Espana S.A.'s financial news)(Financial report)(Brief article)

Iberia reported second-quarter net income of [euro]31 million ($39.4 million), reversed from a loss of [euro]73 million in the year-ago period, a turnaround it attributed to the recovery of international markets, cost control and increased productivity. Operating revenue rose 10.2% to [euro]1.18 billion while expenses lowered 2% to [euro]1.13 billion. …

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