Air Transport World

Iberia Group.(Brief Article)

Iberia Group expects to achieve its 1999 pre-tax earnings target of Pta43 billion ($272 million) despite heavy losses suffered in a labor dispute that peaked during the Easter holiday period, Chairman Xabier de Irala declared. But he said net profits will fall well below the $327 million posted last year, which quadrupled the total for 1997. …

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