IAG Cuts Deliveries As Full Recovery Not Anticipated Before 2023
IAG incurred a loss of around $577 million in the first quarter of 2020, and sees even tougher trading conditions in the second and third quarters.
IAG group airlines, including British Airways, now plan on taking delivery of 68 fewer new aircraft than planned through the end of 2022. (Photo: British Airways)
IAG group airlines, including British Airways, now plan on taking delivery of 68 fewer new aircraft than planned through the end of 2022. (Photo: British Airways)