IAG posted a Q3 operating profit of €1,425 million on Thursday morning (31 October), down €155 million (9%) on the same three-month period (to 30 September) last year.
BA pilots, represented by the Balpa union, staged a two-day walkout over 9-10 September, and called a third strike for 27 September – which was later cancelled.
Last month, IAG said the action, arising from a dispute over pay and conditions, would cost the group in the region of €137 million, adding its full-year operating profit would likely come in about €215 million lower than previously forecast.
