IAG has a new Chief Executive following the departure of Willie Walsh.
Luis Gallego became Iberia’s Chief Executive in March 2013. During his tenure at the airline, he turned it around, restoring profitability (before Covid) as well as improving its efficiency, customer service and brand.
Commenting on his new role, Mr Gallego said: "This is a hugely difficult time for our industry. Not only do we face the immediate challenge of Covid but we must ensure that IAG is strong and resilient when it emerges from the crisis. The Group was in good shape before Covid with a history of strong profitable growth. We have a portfolio of world class brands, acquired through selective M&A [mergers and acquisitions], in which we have invested effectively for the benefit of our customers while keeping costs under control. My goal is to ensure that IAG adapts to the ‘new normal’ in aviation and builds on its strengths to secure a strong future for the Group, our customers, shareholders and employees.”
Luis launched Iberia Express in January 2012, making the new Iberia subsidiary one of the most efficient and punctual airlines in Europe. Previously he was at Vueling when the airline merged with Clickair in 2009.
He held various posts at Spanish regional airline Air Nostrum between 1997 and 2006 having started his career at BDE (INDRA), an engineering and services company. Luis was born and raised in Madrid.
He and his family have relocated to London as he takes up his new role at IAG.
Also see in this week's BTN: COMMENT: Willie Walsh’s late departure Alex Cruz goes live All change at IAG More funds for airlines