Pandemic pushes BA-owner IAG to a 4.4 bln euro loss in 2020

LONDON, Feb 26 (Reuters) - British Airways-owner IAG
posted a loss of 4.37 billion euros ($5.31 billion) for
2020 after a year of minimal flying in the pandemic when it has
burnt through cash, and it warned it could not give guidance due
to the ongoing travel slump.

IAG's 2020 operating loss before exceptional items was
slightly better than a consensus forecast for a 4.45 billion
euros loss, after it sunk to a 1.165 billion euro loss in the
October-December quarter.
($1 = 0.8230 euros)
(Reporting by Sarah Young; Editing by Kate Holton)