IAG earns more than 559 million euros in 2016

The air group IAG (International Airlines Group), formed by the airlines British Airways, Iberia, Iberia Express, Aer Lingus and Vueling has presented a report showing economic results during the year 2016. IAG group last year obtained a net profit of EUR 559.221 million, a growth of 35% compared to 2015, i.e. 117.288 million more. In his speech to shareholders, Antonio Vázquez, President of IAG, said, among other things, that “while our short-term results were particularly affected by the British referendum on the European Union and the consequent devaluation of the pound…

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