Profitable Aer Lingus May Be Forced To Shrink Because It’s Not Greedy Enough
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International Airlines Group (IAG) is reportedly on the verge of forcing subsidiary Aer Lingus to shrink due to lack of profitability… even though the airline recently reported its second-best financial results in history, and the margins are among the best in the industry. Is this just a logical way to maximize ROI, or is this pure greed?Aer Lingus may cut routes & staff to boost marginsIAG is the parent company of British Airways, Iberia, Aer Lingus, and Vueling, and while it’s not exactly
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