IAG : Capital increase of € 2.75bn launched as expected
>EBIT pre-exceptional in line with estimates- Liquidity boosted to € 8.1bn - IAG has just released its Q2 2020 results in line with the consensus estimates, with an operating loss before exceptionals of € 1,365m (cons: € 1,395m), vs € 960m operating income in Q2 2019. Total operating losses including exceptional items relating to the early retirement of British Airways' Boeing 747s and Iberia's Airbus A340s came to € 2,177m. As a result of government travel restr...International Airlines Group is an international scheduled airline and global premium airlines. Co.'s principal place of business is London with significant presence at Heathrow, Gatwick and London City airports.
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