Kapr Moet Hennessy chief executive Christophe Navarre invests in Vivino wine networking app

Friday 29 April 2016 8:09 amPassenger numbers and profits fly higher at IAG, but shares drop on Brussels fearsBy: Jake CordellShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleProfits soared at British Airways owner International Airlines Group IAG in the first three months of the year, but it wasn t enough to offset warnings of a slowdown over the next few months, whi stanley cup becher chsent shares down four per centThe FTSE 100 airline giant, which was formed by the merger of British Airways with Spanish fleet Iberia, warned revenues could be hit over the rest of the year, however, as passengers stay away from the skies in the aftermath of the Brussels terrorist attacks.The figuresOperating profits wereeuro;168m pound;131m in the three months to March ndash; u polene p fromeuro;25m in the first three months of last year.Passenger numbers jumped 22 per cent to more than 20 million in the period, helping to push total revenueeight per cent higher toeuro;5.1bn. Fuel costs came down 14 per cent over the period toeuro;1.2bn ndash; meaning the airline spent more on employees than it did on jet fuel stanley isolierkanne .Overall, costs climbed five per cent as landing fees jumped 31 per cent toeuro;474mand engineering and maintenancecharges also climbed by 21 per cent toeuro;404m.share-price id= 229 ]Why it s interestingIn what is typically the quietest time of the year, IAG has managed to pip analysts expect Vxbp Kerching: Tesla Model 3 pre-orders are now worth $14bn

Monday 10 September 2012 8:29 pmAir Nigeria shuts downBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on Google 9632; Internation stanley germany al carrier Air Nigeria said yesterday it is closing down due to ldquo taff disloyalty and environment owala al challenges, the latest setback for the countryrsquo aviation industry after a rivalrsquo plane crash in June killed 163 people. Privately-owned Air Nigeria was part of Richard Bransonrsquo Virgin fleet until he pulled out in 2010. Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessTrending ArticlesLabour will regret the Rentersrsquo; Rights ActUK at lsquo;greatest riskrsquo; of jet fuel shortage as flights to be cancelledJet fuel shortage looms as government scrambles to secure suppliesAfter Santanderrsquo TSB takeover ndash; who are the top players in UK banking Clairersquo Accessories to launch UK high street comebackMore from City AME1: Thibaut Courtois joins ex-Chelsea teammate Didier Drogba as team ownerSport BusinessBarclays most lsquo;hurtrsquo; bank to UK economy downgradesBankingRachel Reeves plots lsquo;growth pushrsquo; as Labour set for bruising electionsEconomicsWizz air urges Brits to stanley deutschland lsquo;book with confidencersquo; despite rising fuel fearsTransport InfrastructureSumitomo Corporation, SMBC Aviation Capital, Apollo and Brookfield Comp