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Company reveals spending guidance as part of strategy update
Thursday 09 Nov 2017 Author: Lisa-Marie Janes

British Airways owner International Consolidated Airlines (IAG) is to increase annual capital expenditure by 24% to €2.1bn.

The leisure giant says the new spending plan will run from 2018 until 2022. Its previous capex guidance was an average of €1.7bn annually between 2016 and 2020.

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