BA Owner IAG Says Sales Hurt by Weak Transatlantic Route

Core Viewpoint - British Airways parent IAG reported weaker-than-expected earnings due to challenges in transatlantic routes, with total revenue falling short of analyst estimates [1] Revenue Performance - The company reported total revenue of 9.33 billion ($10.8 billion), compared to Bloomberg analyst estimates of 9.43 billion [1] - Revenue from North Atlantic routes declined by 7.1%, influenced by foreign exchange impacts and "some softness" in that segment [1]