Common wisdom has it that the larger an airline is, the easier it is to be profitable in an increasingly difficult environment. But as the cases of Iberia, part of the International Airlines Group (IAG), and the much smaller Aer Lingus show, that is not always true. IAG has to focus a lot of attention on returning Iberia to profitability, but the carrier is facing additional headwinds this year: higher operating costs, structural disadvantages and an unhappy workforce. No quick ...


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