British Airways-owner IAG braced for turbulence over pay
7 Articles
7 Articles
British Airways-owner IAG braced for turbulence over pay
The owner of British Airways (BA) is the latest in a string of blue-chip London-listed companies to face investor unrest this year over its executives’ multimillion pound pay packages.
Market Consensus Rent 4 This beginning of the year the results of the airlines have again reflected the superiority of the IAG business model compared to that of the rest of the main airlines of the European continent. The 4 comparable IAG closed the quarter with operational losses. In addition, the joint loss in terms of EBIT was very similar to that of 1Q 24. In contrast, IAG obtained an EBIT of 198 million euros in 1Q 25, historical record […
IAG: British Airways owner faces shareholder revolt
British Airways owner IAG is set to become the latest FTSE 100 company facing a shareholder revolt over pay awards to its top execs. Influential proxy adviser ISS has urged IAG investors to vote against a remuneration policy which includes a one-off share award for CEO Luis Gallego, at the group’s next annual general meeting on 18 June, Sky News reported. Gallego will receive the award alongside his salary. Last year, the airline executive raked…
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