Originally Posted by
Jet II
WW covered this in his interview on Sky. It is not IAG who are buying Air Europa, the purchase is being funded by Iberia out of their budget who are an independent operating entity within the Group and whose Management make their own commercial decisions..
So, why is WW involved? Surely this BA redundancy plan is just management making their own commercial decisions. Sorry, I don't buy it. If IAG are not involved with this Iberia purchase, a major financial transaction by any measure, then what is the point of them being there. Lets face it, WW is steering this entire process.