Slide 140 (modelling out the impact on IAG financials if another 2008/9 style economic crisis hit), was an interesting one. Not so much the actual numbers as the idea it is deemed necessary to forewarn this might be round the corner. The reductions in planned capacity growth speak loudly.
The take on the economics of the loyalty business was pretty interesting.
With the exception of the UX piece, it was much more about IAG than the carriers, compared to previous presentations.