Airlines boss misses out on bonus

British Airways supremo Willie Walsh has paid the price for turmoil at loss-making Spanish airline Iberia after it emerged he missed out on a bonus for 2012.

The poor performance recently left International Airlines Group (IAG), which was created from the merger of the two airlines in 2011, with losses of 997 million euros (£862 million) for last year.%VIRTUAL-SkimlinksPromo%