I have just finished reading an article stating IAG & BA posted losses of £566m for the last quarter. This was “deeper-than-expected” after taking a hefty charge trying to revive Iberia.
Have any loyal BAEC ONE WORLD members any comments and reasons why this is happening? When CP was a member in the BAEC, I was a “Gold” member & swore by BA. However, as you know CP failed and AC bought them out. However, now what is happening to BA & I see there is a new thread asking when the next BA sale is starting. In the past there were never “sales”, just normal price tickets. When one saw BA in a distant far off airport, it brought “pride” to all British people. IAG shares fell 4%, making it the worst performer in the FTSE 100 index!