I incurred. Verse. British Airways owner Gee (British Airways) lost 1.3 billion euros in the third quarter of the year.
According to Arabiya Net, these losses came in light of the continued damage to travel activity by the restrictions associated with the Corona virus, which forces the company to further reduce its capacity expectations for what remains. Of the year.
The group, which also operates Iberia, Vueling and Air Lings, announced its preliminary results for the three-month period ending in September, a week ahead of the expected date.
The losses of 1.3 billion euros are much worse than analysts' expectations, which estimated losses of about 920 million euros compared to profits of 1.4 billion euros in the same period last year.
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and today, Thursday, IAG said that its capacity in the fourth quarter will not exceed 30% compared to its operating capacity in the same period last year, which is less than Previous indicative expectation had originally been reduced.
