IAG sticks to long-term earnings and margin targets

British Airways-owner IAG stuck to its long-term earnings and margin growth targets, shrugging off a deterioration in the travel environment this year, and indicating that the outlook for shareholder returns was positive. For the 2016-2020 period, IAG said that it was still forecasting average annual earnings growth of at least 12 percent and an operating profit margin of 12 to 15 percent, keeping the targets it announced this time last year. Britain's vote in June to leave the EU and the result