Originally Posted by
BA or bust
Spot on. A gazillion unhappy posts on FT mean nothing to the shareholders. Direction of travel for revenue and profits is what keeps them invested in BA.
Of course growth in earnings will drive investor decision-making. But also investors - especially hedge funds - have developed many predictive measures for earnings success (including various sentiment indicators). Thankfully IAG's biggest holders are not hedge funds, but more traditional long-only investors who will likely move less quickly.