IAG delivers strongest result of the ‘big three’, as sales soar in 1H

International Consolidated Airlines Group (IAG) reported a pre-tax profit of EUR39 million in the six months to 30-Jun-2011, a sharp turnaround over 2010’s result when the group posted a EUR419 million loss. IAG’s result is the strongest of Europe’s “big three” network carriers, which also includes Air France-KLM and Lufthansa.