British Airways parent IAG said it is about to jump-start its new budget unit serving trans-Atlantic routes after it reported a 29% rise in net profit, announced a €500 million ($529.7 million) share buyback and promised further profit growth.
WSJ.com: US Business, Wall Street Journal: Business
Fri, 02/24/2017 - 4:48am
British Airways parent IAG said it is about to jump-start its new budget unit serving trans-Atlantic routes after it reported a 29% rise in net profit, announced a €500 million ($529.7 million) share buyback and promised further profit growth.