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Crisis for Iberia: revenues' fall

Madrid, Spain - 72,4% reduction if compared with the same period in 2007

"Iberia presented today the results for the first half of the year. In the first six months of 2008 the airline generated consolidated profit after taxes of €20.7 million and profit from operating activities of €6.3 million. Total passenger revenue narrowed 1.5 per cent on first half of 2007, mainly due to the slide in the dollar. The drop in passenger revenue was more than offset by the growth in...

AVIONEWS - World Aeronautical Press Agency - 1093112

AVIONEWS - World Aeronautical Press Agency
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