IAG - Nothing spectacular in 4Q17 results, same credit solidity
IAG, the listed airline group comprising British Airways, Vueling, Aer Lingus and Iberia, reported a rather uninspiring set of 4Q17 results. On the back of a favourable market environment for passenger traffic (90% of total revenues) top-line was up 3.2% on reported basis to €5.5bn.
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