IAG CHIEF EXECUTIVE

Antonio Vazquez, IAG's chairman, said: "We announced in March that Willie would delay his retirement for a short period. We can confirm today that Luis Gallego will take over the leadership on 24 September, the expected date for IAG's AGM, when Willie will step down as CEO. We are grateful that Willie delayed his retirement at this challenging time providing the airlines' management with the necessary stability to focus on the immediate response to the crisis. We look forward to working closely with Luis in his new role."