• Worldwide Airways Group narrows losses in second quarter | Information

    Worldwide Airways Group has reported an working lack of €967 million for the second quarter. The determine is an enchancment on the lack of €2.2 billion seen in the identical interval final 12 months. The reported working loss for the half of 2021 was thus, €2 billion. The group – which owns Aer Lingus, British Airways and Iberia – stated passenger capability in quarter two was simply 21.9 per cent of 2019. The determine continues to be adversely affected by the Covid-19 pandemic, along with authorities restrictions and quarantine necessities. IAG stated it at present expects to fly round 45 per cent of 2019 capability within the third quarter. Nonetheless,…