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Red figures for Iberia in the second quarter

Madrid, Spain - Dropping the Ebit and turnover, the load-factor is low

Because of the bending of the average revenues for passenger, added to an overcapacity of the carrier, the figures of second quarter for Iberia mark a lowering of the Ebit (Earnings Before Interest and Taxes) as high as 33.5% if compared to the same period of the previous year. Also the turnover shows a clear decrease passing from EUR 1.23bn to EUR 1.17bn, while the load-factor raised of 1,7% attesting...

AVIONEWS - World Aeronautical Press Agency - 48568
Rome, Italy, 07/31/2003 10:05
AVIONEWS - World Aeronautical Press Agency

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