IAG Reports Rise In Profit

International Consolidated Airlines Group SA ICAGY reported an increase in its pretax profit for the nine months to end-September. IAG's pretax profit for the period climbed to EUR355 million. Its revenue gained 11.6% to EUR12.26 billion. Its operating profit, before exceptional items, rose to EUR451 million from EUR219 million. IAG shares closed at $13.20 yesterday.