No retreat for 'slasher Walsh'- IAG airline boss to keep cutting costs
Once dubbed "Slasher Walsh" for his relentless drive to cut costs, the boss of IAG is showing no sign of going soft. Willie Walsh has built his reputation on his refusal to give ground to unions and a willingness to wield the axe at former state-owned airlines, convinced it's the only way to stay competitive in an era when budget carriers increasingly rule the roost. It is a testament to his success that while IAG lags Lufthansa and Ryanair in terms of passenger numbers, it is expected to report more operating profit for 2015 than those carriers or any other European rival. Walsh's strategy over the past 15 years has also been marked by an aggressive M&A policy as he sought to prevail in what he once described as a "fight for survival". <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-02-01/oneworld/no-retreat-for-slasher-walsh-iag-airline-boss-to-keep-cutting-costs
https://portal.staralliance.com/cms/logo.png
No retreat for 'slasher Walsh'- IAG airline boss to keep cutting costs
Once dubbed "Slasher Walsh" for his relentless drive to cut costs, the boss of IAG is showing no sign of going soft. Willie Walsh has built his reputation on his refusal to give ground to unions and a willingness to wield the axe at former state-owned airlines, convinced it's the only way to stay competitive in an era when budget carriers increasingly rule the roost. It is a testament to his success that while IAG lags Lufthansa and Ryanair in terms of passenger numbers, it is expected to report more operating profit for 2015 than those carriers or any other European rival. Walsh's strategy over the past 15 years has also been marked by an aggressive M&A policy as he sought to prevail in what he once described as a "fight for survival". <br/>
