Originally Posted by
eternaltransit
Come on, you know that IAG profits don't come from South America - they come from BA (975m GBP operating profit on the BA segment, compared to 50m EUR on IB and 141m EUR from Vueling). North America is the thing that keeps IAG doing really well - they even state that themselves in their own report. Capacity increases to Latin America and Caribbean (total capacity share of ASKs being 17.4%) were the lowest on the network (at 4.1%, with LF of 81.4%), whereas North America, with its total capacity share of the network at 29.2% saw a 6% increase in ASKs and LF of 83.1%.
That only took 3 minutes of debunking - I know you don't think much of any of the posters here, but it really is a disservice to the forum by providing inaccurate information...
http://www.iairgroup.com/phoenix.zht...-reportsannual
Iberia's profits never came from South America and BA is also not benefitting from massive restrictions...so BA took over Iberia because of their brilliant European Network and their killer routes from Asia to Madrid etc.
My friend, understanding aviation is more than a set of results from one year...
What you see taking a look at BA and IB is the result of regulation working out almost perfectly for both airlines, so exactly the difference Clark is praising and demanding at the beginning of the interview...
The fans reading the interview do not realize the crap he is coming up with, but for an educated reader the interview is a beautiful summary of fairy tales that fit him when he needs them.