BA-owner IAG posts Q3 adjusted operating profit of 1.2 billion euros By Reuters


© Reuters. FILE PHOTO: British Airways tail fins are pictured at Heathrow Airport in London, Britain, May 17, 2021. REUTERS/John Sibley/File Photo

LONDON (Reuters) – IAG (LON:), owner of British Airways and Iberia, reported third-quarter adjusted operating profit of 1.21 billion euros ($1.21 billion) after revenue returned to pre-pandemic levels despite much of its Asian network remaining closed due to COVID restrictions.

The airlines group said on Friday it expected its adjusted operating profit for the year to be about 1.1 billion euros.

($1 = 1.0028 euros)

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