0901 GMT - IAG's costs were better than expected in its first-half and second-quarter earnings, J.P. Morgan analysts say in a note. The group's outlook also looks robust, especially for long-haul markets, they add. There was also a slightly lower pricing performance in the second quarter than the buy-side had expected, though free cash flow generation and margin performance for the business are intact, the analysts say. Shares are down 1.7% at 431.20 pence.
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