Falling pound clips IAG's wings

ReutersNewsPublished: October 28, 2016Updated: October 30, 20164 views
Published: October 28, 2016Updated: October 30, 2016

British Airways-owner IAG has cut its 2016 forecast for profit growth to around 7 percent from the low double-digit percentage. As Hayley Platt reports, it - like other airlines - has been hit by the fall in the value of the pound and weaker trading after the Brexit vote.

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