Willie Walsh is stepping down as CEO and from the board of of IAG, the parent company of British Airways, Iberia, Aer Lingus and Vueling effective March 26 and retiring June 30. He’s 58 years old and has talked about retiring by 60, though this is ahead of schedule. He’ll be replaced by Luis Gallego, CEO of Iberia – and not by the CEO of British Airways.
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11 Things British Airways Parent Company Shared at Investor Day
British Airways parent IAG held their version of Investor Day on Friday. The presentation (.pdf) clearly wasn’t geared towards customers, focused as it was on cost-cutting and promising not to grow their flights. They’ve always been probably too candid, even, at these events in describing how they plan to separate customers from their money.


