IAG released 2016 results today and EI operating profit increased by €109 million to €233 million. There was significant improvements in employee costs dropping 9.6% per ASK.
When yo compare EI and IB, if it continues not long before EI over take them even though they are more than double the size of EI.
2017 Capacity for Q1 up 15.8% and for FY 17 up 11.8%.
IAG - International Airlines Group - Presentations