Iberia posts first half net earnings of EUR 20.7 million

Iberia presented the results for the first half of the year. In the first six months of 2008 the airline generated consolidated profit after taxes of EUR 20.7 million and profit from operating activities of EUR 6.3 million. The EBITDAR came to 259.3 million euros, 34.2% less than in the same period of 2007.

Revenues from operating activities rose slightly year-on-year, up to EUR 2.67 billion, despite the impact of the sharp depreciation of the dollar.

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