INVESTORS PANIC OVER HEALTH OF ICAG AS AIR FRANCE ISSUES PROFIT WARNING

Dino D'Amore
By Dino D'Amore February 11, 2011 17:44

INVESTORS PANIC OVER HEALTH OF ICAG AS AIR FRANCE ISSUES PROFIT WARNING

Shares in the newly-merged International Consolidated Airlines Group (ICAG) tanked 8.6 to 251p yesterday after its peer airline group Air France-KLM issued a profit warning for its full year earnings. Air France-KLM said following air traffic control strikes and snow disruption, its full-year earnings would come in below the €300 million forecast.

Dino D'Amore
By Dino D'Amore February 11, 2011 17:44
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