British Airways owner IAG cuts flight numbers again

Written By: BBC

British Airways planes | Courtesy

IAG, the owner of British Airways, has said it will operate fewer planes than planned for the rest of the year as the pandemic continues to hit demand.

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The airline group said it would fly no more than 30% of its usual flights compared to last year.

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The news came as the firm – which also owns the Iberia and Aer Lingus airlines – reported a €1.3bn (£1.17bn) loss for the period from July to September.

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In the same period last year, the group reported a €1.4bn profit.

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IAG said revenue in the quarter plunged 83% to €1.2bn, compared to €7.3bn last year.

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“Recent overall bookings have not developed as previously expected due to additional measures implemented by many European governments in response to a second wave of Covid-19 infections,” IAG said.


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