BA and Iberia group reports loss
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The parent group of British Airways and Iberia has reported a 390m-euro ($476m; £306m) loss for the three months to the end of June and warned: "it will not be able to avoid job losses."
That compares with a 39m-euro pre-tax profit in the same period last year.
Spanish carrier Iberia was worst hit. Its operating losses widened to 263m euros in the period.
International Airlines Group said it would finalise a restructuring plan by the end of September.