30-05-2017 11:01 via theguardian.com

British Airways owner loses £170m in value after IT meltdown

IAG shares fall 4% as airline’s reputation is dented after IT failure stranded 75,000 passengers on busy holiday weekendThe market value of the British Airways owner, IAG, has fallen by £170m after computer system outages grounded hundreds of flights over the weekend.IAG shares fell more than 4% to 588p in early trading in London on Tuesday after the flight cancellations left 75,000 passengers stranded over the bank holiday weekend and disrupted travel plans for many more. Later in t
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