IAG beats the trend with Q1 profit

IAG beats the trend with Q1 profit

Of Europe’s three big airline groups, International Airlines Group (IAG) has been the only one to record a profit for Q1. On May 10, IAG announced a profit of EUR 135mln, down 60.3 percent on last year’s EUR 340mln. The result fares favorably compared to Air...
Lufthansa a bit less German

Lufthansa a bit less German

Lufthansa came up with a couple of surprises at its Q1 results presentation on April 30. The first was the results itself, with a Group loss of EUR -336mln. The second is when the German aviation giant disclosed that it is, in fact, a bit less… German. Non-German...