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IAG Profit Hit by Soaring Fuel Costs

Note: This section contains information in English only.
Source: Dukascopy Bank SA
IAG, owner of British Airways, Vueling and Aer Lingus, saw nine-month pre-tax profit fall 16% to €3bn as jet fuel prices surged after the Middle East war. Fuel costs rose 19% to €6.4bn. With only 45% of 2027 fuel needs hedged, industry bosses warn of higher fares and possible airline collapses next yea
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