Half Year Results 

IAG seeks to raise €2.75bn and renegotiate Air Europa deal

IAG seeks to raise €2.75bn and renegotiate Air Europa deal

International Consolidated Airlines Group (IAG) has been backed by its largest shareholder, Qatar Airways, as it plans to raise €2.75bn (£2.48bn) pending shareholder approval. The group, which owns British Airways, recorded an exceptional charge of €2.1bn in its interim results, which was linked to losses on fuel hedging derivatives and the impairment of aircraft.

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