IAG Combined Performance
With British Airways delivering a solid performance, and Iberia substantially weaker, Willie claims there will be redundancies among Iberia, do you think there will be a Mixed Fleet Style operation planned for Iberia?
Curious to know what is planned for the future of the group in order to hit group profit of 1.5B by 2015 |
There already is in the form of Iberia Express.
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Expect IAG to expand by merger and acquisition in the coming years. Willie Walsh has declared he wants to add another 5 airlines to the group.
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Willie Walsh has declared he wants to add another 5 airlines to the group |
There is a little bit of magic called Google. It wont be difficult to find a number of quotes from WW.
The whole point of IAG is to create a multinational, multi-brand airline group. |
The original intentions of IAG are well known and documented, but you won't be seeing IAG buying any more airlines for at least a few years.
WW has made it clear that its appetite to buy more airlines has diminished considerably in recent months because of the current macro-environment and scope to grow at LHR. |
Aye well. What would I know...
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I thought it was the dire state of Europe and lack of expansion that was driving the need for more airlines in the group!
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