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Iberia shows its net profit of Eur 150m in 2002
Madrid, Spain - But it has to provide a renew of its fleet on this year

According to what's appeared on the Spanish newspaper "El Pais" the airline Iberia would have ended 2002 with a gain of Eur 150m, the triple of the previous year. But it must be also emphasized that this extraordinary performance is tied to the fact that the carrier had allocated Eur 1,2bn in order to renew its fleet, letting to leaven therefore the profit and, perhaps, hiding the losses. Indeed...
AVIONEWS - World Aeronautical Press Agency - 39447
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency