LONDON, Nov 5 ― British Airways parent company IAG said it was heading for a €3 billion loss for 2021, but added that the reopening of transatlantic travel would help its aim to return to profit next year.
But pandemic restrictions which lasted most of 2021 will push the group to an annual operating loss before exceptional items of about €3 billion, IAG warned, slightly behind a consensus forecast for a loss of €2.87 billion.