IAG CEO Gallego on Fuel Costs, Demand, M&A Strategy

The video discusses the impact of fuel costs and hedging strategies on airlines, highlighting the competitive advantage of hedging in the North Atlantic market. It examines current demand trends, noting strong leisure demand but lagging corporate travel. The potential privatization of TAP and IAG's interest in acquiring it are explored, emphasizing the benefits of consolidation. The future of aviation is considered, focusing on sustainability challenges and the need for sustainable aviation fuel (SAP) to achieve carbon neutrality by 2050.

What percentage of fuel cost is mentioned in the text?

How does the competition among airlines affect fares according to the text?

What is the significance of the joint business mentioned in the North Atlantic?

What is the current status of corporate traffic compared to leisure demand?

How does the speaker view the potential acquisition of TAP by IAG?

What are the expected challenges regarding sustainable aviation fuel (SAP)?

What are the implications of the British government's stance on sustainability targets?