IAG is indeed not British but there are very few companies (public or private) in the Western sphere of financial influence that are not having every last coin flogged out of them. In the process, they are killing the golden goose but, as stated, that is what shareholders and bonus receivers want. They have been doing this all the 40 years that I have been observing commercial life. The only question is when it will end and the specifics of the mess it will make. Unfortunately, everyone is trying to make as much cash NOW and be out of the company before the crash.