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The Independent UK
The Independent UK
Travel
Simon Calder

British Airways’ parent company lost £6.3m per day in 2021 – but predicts ‘strong recovery’

British Airways IAG Omicron
PA

The chief executive of IAG, the parent company of British Airways, says he is “confident that a strong recovery is under way” – despite Russia’s attack on Ukraine and continuing Covid travel restrictions.

Luis Gallego was speaking as the firm – which also owns Aer Lingus and Spanish airlines Iberia and Vueling – revealed heavy losses for 2021.

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