International Airlines Group reports quarterly loss as Covid travel curbs in Europe take toll
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International Airlines Group (IAG), the owner of British Airways, has slashed its flight schedule for the rest of the year as it reported a €1.3bn loss over the third quarter.
In an unscheduled trading update, the group said it was cutting flights between October and December to just 30% of normal levels, blaming the reintroduction of travel restrictions by many European governments.
