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IAG falls despite airline upping profit outlook as Q3 beats forecasts

2015-10-31 13:09:07| Airlines - Topix.net

The parent company of British Airways lent credence to the old adage that 'it is better to travel than arrive' as its shares dropped 4 per cent today despite an upgrade to its 2015 profit outlook. As third quarter earnings beat expectations, IAG said its full year operating profit should now come in at between a 2.25-2.30billion , having previously forecast an outcome of a 2.2billion .

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