Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service
Iberia: operating losses of EUR 5.2m in 1st quarter 2002
Madrid, Spain - A large improvement compared to 2001
The Spanish air carrier Iberia announced that its operating losses amounted to EUR 5.2m for the quarter ended March 31, 2002, an increase by 90% compared to EUR 90.8m losses for the same period 2001. Operating costs dropped by 6.5% in the same period, mainly due to flight and workforce cuts, fuel cost reduction. In March 2002 Iberia's operating profits amounted to EUR 27m and gross profits to EUR...
AVIONEWS - World Aeronautical Press Agency - 28179
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency