Spanish airline Iberia said Wednesday its 3rd-quarter profits plummeted 80 percent to 30.4 million euros ($38.8 million) compared to the same period of 2007, as international economic slowdown sapped demand.
Iberia airline profits plummetCourtesy Newsvine - business Wed, 11/12/2008 - 05:29
Spanish airline Iberia said Wednesday its 3rd-quarter profits plummeted 80 percent to 30.4 million euros ($38.8 million) compared to the same period of 2007, as international economic slowdown sapped demand. Related itemsSpain: Iberia profits plummet
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