That is why Walsh has had very little success closing the deal with IBERIA. He has failed to cement the alliance with American Airilnes. He presided over a disaster with the opening of T5. He has wasted millions on OpenSkies and whilst cutting the product in Club out of LHR, he starts a bespoke service to JFK out of LCY. You couldn't make it up.
Hello PiB, or whatever you now call yourself. Nice to see you back - you can't disguise your writing style.
Iberia is not closed, as market values of the two airlines have fluctuated wildly, making proportionate holdings in the combined company impossible to set in stone. Add a good dose of Spanish pseudo state intervention through the holding companies...
American is tied up in US approvals. The timescale of such is out of WW's hands.
Openskies - perhaps he has wasted a few million - ill advised timing and L'Avion takeover certainly, but could prove a winner in the long-run. None of us can tell without access to the accounts for the route...
LCY - unequivocal success to date. Read Flyertalk and see what the real passengers say.
T5 - better than many other openings, but mired by poor planning certainly. 3 months in and thereafter, has been a roaring success though - are you going to give him credit for that though? Thought not.