Luis Gallego: “Iberia y British están en la cima de la rentabilidad”
✈ Luis Gallego, CEO of International Airlines Group (IAG), stresses the necessity of transformation for airline competitiveness in a volatile world. In 2020, IAG launched a transformation department post-COVID. By 2023, the focus was on balance sheet adjustments and improving efficiency. Operational margins are targeted between 12% and 15%; Iberia and British Airways are leading, with Vueling at 12%. Despite supply chain challenges causing aircraft and engine delays, growth opportunities remain significant.
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