CEO Luis Gallego of International Consolidated Airlines Group (LON: IAG) announced Sean Doyle as the new Chief Executive of British Airways on Monday. Doyle has been serving in a similar capacity at Aer Lingus (also IAG’s subsidiary) and will now replace Alex Cruz at British Airways with immediate effect. Shares of the company lost 2% on market open on Monday. IAG is now trading at 102 pence per share that translates to a 60% decline year to date in the stock market after recovering from an even lower 68 pence per share in mid-May. Confused about choosing a reliable stockbrokerFull Article
IAG names Sean Doyle of Aer Lingus as the new CEO of British Airways
Invezz0 shares 1 views
Related news coverage
LONDON (AP) — British Airways has replaced CEO Alex Cruz after 4 1/2 years on the job as part of a broad shake-up as the COVID-19..