Having got "lumbered" with WW and BD-reg, and saving some of the dosh that would have gone to LH, does it offer an opportunity for IAG to set up a domestic/very close overseas operation similar to the proposed "Iberia Express"?
In the absence of any buyers so far, could this be a way forward?
VS could not afford to buy BD from LH, but could it buy BD-reg from IAG (it would obviously be cheaper)?
Could a VS-owned BD-reg provide a ready made short-haul operation for VS to use the LHR slots they want for domestic routes?