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Iberia, profits in drop pf 90%

Madrid, Spain - Conte: "It is the 13th consecutive year of positive results"

Iberia today reported its 2008 results. Fernando Conte, Iberia President, showed that the Spanish airline earned a profit of 32 million Euros in the year, one of the most difficult in recent memory, making it the 13th consecutive year of positive results for the company. EBIT recorded a drop of 79 million Euros. Other division like maintenance and handling are on the increase. In the fourth quarter...

AVIONEWS - World Aeronautical Press Agency - 1100374
Rome, Italy, 02/27/2009 13:12
AVIONEWS - World Aeronautical Press Agency

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