Shares in British Airways owner IAG traded lower this morning after the airline group reported mixed third-quarter results.
Lower fuel costs drove a sizeable jump in earnings while revenues grew modestly.
On the downside, the figures on its operating performance did not go down so well with investors.
For instance, growth in passenger revenue per available seat kilometre slowed versus the prior quarter, rising just 0.7% year-on-year.
Over the nine months to 30 September, passenger revenue per ASK declined by 1.4%.