The largest expert travel community:
  • 758,751 Total members
  • 8,128 Users online now
  • 1,707,911 Threads
  • 31,124,540 Posts
Airlines

Willie Walsh Reveals His Retirement Plans

Willie Walsh Reveals His Retirement Plans
Jackie Reddy

IAG CEO Willie Walsh has announced that he is planning to retire within the next two years. The news comes right as British Airways (BA), which is owned by IAG, revealed heavy losses in the face of strike action by its pilots. Walsh acknowledged pilots’ woes, but said the “pay offer was generous”.

Willie Walsh, CEO of International Airlines Group (IAG), has publicly announced that he’ll be retiring within the next two years, The Evening Standard reports. The announcement comes just British Airways (BA), which is owned by IAG, revealed that it had lost £118 ($153) million during the third fiscal quarter due to strikes by its pilots.

IAG’s full results for the quarter are available here.

Speaking of the strikes, he was quoted by the outlet as saying, “I’m a mature adult… there were some genuine issues that have upset and angered pilots, but I think the 11.5 percent pay offer was generous. Talking to pilots, which I do a lot of given the number of flights I take, I don’t think the strike is just about pay.”

Commenting on operations at London Heathrow Airport, Walsh said that the facility was “badly run” and that those who manage the site are “out of touch with the reality of the airline business. I don’t have any confidence in their ability to expand the airport in an efficient manner.”

Speaking of ending his long tenure, he added, “I’m 58 and I will not be in this job when I’m 60. I’ve been doing it for 15 years, and I’m much closer to retirement now than I was a year ago.”

Click to add a comment

You must be logged in on the FORUM to post a comment Login

Leave a Reply

Airlines

More in Airlines

Will You Be Getting #Oscared in 2020?

Joe CortezOctober 31, 2019

“My Friend Made Me Fake Bomb Threats on These Flights”

Jennifer BillockOctober 31, 2019

Another Major Airline Introduces Basic Economy Fares

Joe CortezOctober 30, 2019

Copyright © 2014 Top News Theme. Theme by MVP Themes, powered by Wordpress.