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| Version 0 | Version 1 |
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| Airline group IAG moves into profit | Airline group IAG moves into profit |
| (35 minutes later) | |
| British Airways owner IAG has moved into profit for the first half of the year after an improved performance from its Spanish airline, Iberia. | British Airways owner IAG has moved into profit for the first half of the year after an improved performance from its Spanish airline, Iberia. |
| The group made a pre-tax profit of 155m euros ($207m; £123m), compared with a 177m-euro loss a year ago. | |
| Iberia, which has been loss-making for a number of years, made a loss of 95m euros. | |
| Last week, it signed an agreement to shed an extra 1,427 jobs, IAG chief executive Willie Walsh said. | Last week, it signed an agreement to shed an extra 1,427 jobs, IAG chief executive Willie Walsh said. |
| "This performance shows that we are making further solid progress," Mr Walsh said. | "This performance shows that we are making further solid progress," Mr Walsh said. |
| Passenger numbers increased to 35,480 from 29,137 in the first half of 2013. | Passenger numbers increased to 35,480 from 29,137 in the first half of 2013. |
| Mr Walsh said that Iberia's restructuring "continues to have a positive impact" on the group, and that 16 new aeroplanes had been ordered for the Spanish airline. | |
| Eight Airbus A350-900s and eight Airbus A330-200s will be joining its long-haul fleet, he said. | |
| Iberia narrowed its losses from 551m euros the year before. |