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Aircraft and airlines. IAG's board cancels bonus for CEO Willie Walsh

London, United Kingdom - The executive will anyway receive 1.1 million pounds

The board of directors of IAG (International Airlines Group, the holding which includes British Airways and Iberia) refused the bonus of Willie Walsh, Chief Executive Officer of the group, because of the poor performance in 2012, due to the losses of the Spanish branch of the company. The figures of the annual report show that Iberia's CEO Rafael Sanchez-Lozano Turmo renounced to his 2012 bonus:...

AVIONEWS - World Aeronautical Press Agency - 1150352
Rome, Italy, 03/07/2013 12:17
AVIONEWS - World Aeronautical Press Agency

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