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  • IAG, the owner of British Airways and Spanish carrier Iberia, sank into a 1.68 billion euro ($1.8 billion) net loss in the first quarter due to coronavirus fallout, it said Thursday. The loss after taxes in the three months to March contrasted with a slender net profit of 70 million euros a year earlier, IAG said in a statement, as it also revealed that chief executive Willie Walsh will finally be replaced by Iberia boss Luis Gallego on September 24. jwp/rfj/wai
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  • BA parent IAG dives into 1.68-bn-euro loss
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