higher fuel costs

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    IAG Sees Losses Widen

    Pre-tax losses for the first three months of the year were 263m euros ($340m; £211m), compared with losses of 47m euros a year earlier. Revenue rose 8% to 3.9bn euros. Fuel costs rose by 281m euros, while strikes at Iberia cost 25m euros. Iberia made an operating loss of 170m euros in the...