Iberia more than doubles profits in 2007

27th February 2008, Comments 0 comments

The Spanish airline Iberia increased its consolidated pre-tax profit by 182 percent to EUR 327.6 million in 2007.

27 February 2008

MADRID - The Spanish airline Iberia increased its consolidated pre-tax profit by 182 percent to EUR 327.6 million in 2007, the carrier said Wednesday.

Turnover grew 2.5 percent to EUR 5.5 billion.

The number of passengers transported by Iberia went down 3.4 percent to 26.8 million, but the number of long-distance passengers grew 8.1 percent to 4.1 million.

Iberia's most important long-distance destinations include Latin American countries and the United States.

[Copyright dpa 2008]

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