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Of course, if the IAG share price had outperformed the market, Willie Walsh would be accused of putting shareholders before staff.
And be careful what you wish for. There are lots of things that IAG could do to boost the share price in the short term (outsource LHR/LGW ground handling, sell/outsource short haul etc) and staff certainly wouldn’t appreciate it.
IAG has been clear to the City that there is a four year plan to deliver cost and revenue benefits from the merger, so it is somewhat premature to judge it two months in.
“a culture of blame, excuses and denial” A perfect description of BASSA!