IAG results presentation Quarter One 2020 7 May 2020 Highlights Willie Walsh, Chief Executive Officer Substantial loss from March due to COVID-19 Highlights and outlook • Unusual quarterly pre-exceptional operating loss of €535m compared to a profit of €135m last year • The first two months were slightly loss-making but similar to last year despite the suspension of flights to China from the end of January due to COVID • All of the reduction in the operating result occurred in March following further govern ...