Reply To: IAG a House of Cards?

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“EasyJet has done well, but then one would expect a Low Cost Carrier to profit during a downturn.”

Except that easyJet has been moving towards a more traditional product during these hard times and also their pricing has firmed up, as you pointed out on the LCA thread.

Two things, IMHO

1 – current trading conditions in the UK are the new reality, there is not going to be a major recovery in the sense of the 1990s

2 – Agility and velocity will be the hallmarks of successful companies in this brave new world

easyJet appears to have agility and velocity, we will see with IAG.

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