BBCNEWS Business Briefing February 23, 2018
Period for airlines. Last year, monarch became the Third European carrier to collapse, following air berlin and alitalia. Its one of the factors helping iag, along with improving fares after a spell which saw low fuel prices force airlines to flood the market with cheaper tickets. And last was particularly tough, iag suffered a major it collapse that stranded 75,000 passenger and cost iag 103 million. The airline launched a Budget Airline called level last year, offering fares from barcelona to several us cities for 137 one way. This transatlantic market, the most lucrative in the world, saw b...