IAG Says It Won’t Repeat Past Mistakes With Coronavirus Response
Photo Credit: A British Airways A350. Parent company IAG has reported its full-year results. British Airways / Stuart Bailey
Skift Take
Willie Walsh has accumulated decades of experience across the aviation industry, and he's big enough to admit he's made mistakes in the past. The situation looks bleak at the moment, but what happens when the market recovers?
While most travel and tourism companies are trying to cope with the spread of coronavirus as it moves from Asia into Europe and the rest of the world, IAG’s outgoing CEO Willie Walsh is thinking about what happens afterwards.
Walsh, who will step down on March 26 and officially retire on June 30 from the airline group, said he wouldn’t want the company to repeat past mistakes when it comes to dealing with a serious external shock.
"We may not do things exactly as you would expect, because we've learned from what we did in the past," Walsh said on an earnings call with analysts on Friday.
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Prior to leading IAG, Walsh served as CEO of British Airways and before that of Irish carrier Aer Lingus. He has been in the industry for decades and in that time
