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British Airways parent IAG posts 81% surge in 2014 profit

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Operating profit at British Airways, IAG's largest brand, jumped by nearly 60 per cent to 1.2 billion euros, buoyed by the steady US economic recovery and consolidation in the trans-Atlantic market.

Paris

PROFIT at International Airlines Group, the parent company of British Airways, leapt by 81 per cent last year, bolstered by strong passenger demand on its key routes across the Atlantic and a turnaround at its once-struggling Spanish carrier, Iberia.

The group, also known as

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