Cookie Consent

This site uses cookies for functionality. To see our cookie policy click here.

If you continue to use this site we will assume that you are happy with this.

IAG: Creating value through plug and play — December 2018

Cloud Image

At the beginning of November IAG held its annual capital markets day highlighting how well it was performing, and especially in comparison with peers. Management bemoaned the “unfairness” of the low rating that its shares attract on the stockmarkets. It has done a good job in creating value since its creation through the merger of British Airways and Iberia in 2011, augmented by successful acquisitions and integration of Vueling, Aer Lingus and bmi. Is this complaint justified? 

Both BA and Iberia were a bit late in the European consolidation game, but this did mean that they could create a structure for growth taking the best ideas from and avoiding the pitfalls of their major competitors Air France-KLM and Lufthansa Group. 

……

This is premium content, only available to subscribers. To access Login or contact info@aviationstrategy.aero

×