CLDRVR, you wrote:
"Iberia operating loss 2011 273Mn Euro
BA operating profit 2011 518Mn GBP
The numbers speak for themselves.
IAG - International Airlines Group - Annual Reports"
How can it be, that according to IBīs economical activity results, up until 2011, IB had been making money for 13 years in a row?
BA had been losing money due to injections into a 3.8 BILLION pounds deficit, leaving results for 2009, 2010 deep in the red (-314, and -397 respectively)....
This information can be found in both IB and BA pages.
All of a sudden, IB and BA merge in 2011, and surprise surprise, IB is neck deep in the mud, and BA is making historical profits.... How on earth can this be explained?
As you rightfully wrote, number speak for themselves. Obviously, IAG has made number "magic" and fiddled with the results.... This is quite common in large "merged" companies, where bad numbers are necessary in order to justify certain un-heartful and absolutely medieval moves.
Donīt you dare attempt to justify what has happened, you know fully well that IAG, through its members in the board of directors, mainly British let it be said.. together with a ruthless and avaricious Spanish sell out, are killing IB, and turning Spain into BAīs low cost playground.
Someone wrote that IB will survive due to its long haul..... Really??
Can that person explain why, money making routes such as Madrid - Johannesburg, are know flown by BA from LHW????? WTF!!!! Fly up to LHW to go back down south??? Really??? How does this benefit... I can only think that it is BA that needs to fill its airplanes. Other profitable routes like MAD - MEX have also been "given" to BA... Why why why? Canīt you see that this does not make sense?
If IB is (falsely) not doing so well, why are they taking the routes that let it stand up?
So please, maybe its time that some of you get your facts up to date, and not rely solely on numbers given by IAG, who is more than obviously doing money engineering.