Join Date: Jan 2018
Location: SFO, JFK/LGA, SEA
Programs: Alaska 75K, Hyatt Globalist, Marriott Titanium, *A Gold w/ Krisflyer Gold
Posts: 815
That was also (likely) KoreanAir being mad at Delta for their pricing error potentially costing KoreanAir their seats. Which holds more ground as KoreanAir themselves were pricing that same fare at ~$20k.
Iberia made this mistake themselves, so other than the OTAs (which dropped fuel surcharges in addition to the cheap price), they don't have anything else to blame. Also, I imagine they still make some minimal profit on a ~$1k longhaul business class ticket, whereas they definitely don't on a $300 one