BA Owner IAG Says Sales Hurt by Weak Transatlantic Route

British Airways parent IAG said its transatlantic routes experienced weakness in the third quarter, weighing on earnings that missed estimates. The company reported total revenue of 9.33 billion ($10.8 billion), compared with Bloomberg analyst estimates of 9.43 billion. Revenue from North Atlantic routes fell 7.1%, partly triggered by foreign exchange impacts as well as what it called "some softness" in that segment. Bloomberg's Benedikt Kammel reports. ...