Air Transport World

Iberia Group. (Europe Report).(Brief Article)

Iberia Group posted operating profits of [euro]126.9 million ($127 million) for the third quarter ended Sept. 30, up significantly from [euro]53 million in the prior-year period. Pre-tax earnings in the quarter came to [euro]131.8 million, a sharp increase from [euro]50.5 million a year ago. Operating revenues declined 4.8% to [euro]1.23 billion but expenses fell 11% to [euro]1.1 billion.

Within Spain, Iberia's marker share was down 0. …

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