Iberia loss drops

Spain's Iberia has reported a narrower first-quarter net loss.

The carrier, which is in the process of merging with the UK's British

Airways, reported a net loss of EUR52 million in the three months to March 31, against a net loss of EUR93 million a year earlier.

Iberia loss drops

Spain's Iberia has reported a narrower first-quarter net loss.

The carrier, which is in the process of merging with the UK's British

Airways, reported a net loss of EUR52 million in the three months to March 31, against a net loss of EUR93 million a year earlier.