IAG - 3Q16 RESULTS
​In 3Q16, IAG, the holding company of British Airways (BA), Vueling, Aer Lingus (AL) and Iberia, was impacted by a difficult environment for airlines as well as the decrease of the GBP. IAG reported total revenue decline of c. 1% on a comparable basis (constant FX and excluding AL acquired 18 August 2015) driven by a 6.5% decline in passenger unit revenue but partially offset by a 4.4% capacity increase. BA and Iberia experienced yield pressures that we expect to continue next quarter...
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.
Spread Research is France's first Rating Agency, registered by ESMA (European Securities and Markets Authority) and a leading European Independent Credit Research firm, founded in 2004 and based in Lyon, France. Our experienced team offer key research services using a wide range of investment strategies and research methodologies for the High Yield, Emerging Markets, Convertibles and Loan Markets.
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