IAG CEO Luis Gallego on Airline Demand

The transcript discusses the current state of the travel market, highlighting strong performance in premium leisure travel despite lagging corporate traffic. It addresses high airfares and supply chain issues affecting aircraft availability. The conversation also covers IT system challenges and operational disruptions, including strikes. Strategic expansion plans, such as acquiring Air Europa, are explored, along with the impact of British Airways on the group's market perception. The focus is on resilience, growth opportunities, and improving group performance.

How is the corporate traffic recovery compared to pre-pandemic levels?

What factors are contributing to the high airfares mentioned in the text?

What challenges are being faced in the aircraft supply chain?

What measures are being taken to improve the IC system for the upcoming summer demand?

What is the expected impact of French strikes on flight operations?

What opportunities for consolidation are being considered by the group?

How does British Airways' performance affect the overall share price of the group?