Friday, August 3, 2012

Brace position for hard landing

British Airways owner IAG suffers €253m loss

"Spain's economic crisis and the "deep and structural" problems of its main airline has plunged the owner of British Airways into the red". "IAG says it has set up a eurozone crisis management group, that is looking at the potential fallout from a Spanish exit from the EMU" as "BA made an operating profit of €13m, Iberia's losses deepened to €263m"

Posted by alan @ 12:40 PM (1160 views)
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One thought on “Brace position for hard landing

  • Happy days …. I don’t like Willie Walsh at all… seems like a jumped up prat to me … condescending and arrogant … also seems to think he’s in the same class as Richard Branson, which he’s obviously not.

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