News Headline Summary

IAG's (IAG LN) CEO Walsh says Iberia symptomatic of issues facing Spain

- Iberia will need to endure short-term pain.
- Confident he will resolve Iberia issue.
- Iberia will be better Co. for shareholders and clients.

Reaction details:

- Co. shares are unmoved in immediate reaction to the news; trades GBP 2.11 (+0.24%) last.

Print 11:12, 05 Feb 2013 - FTSE 100 - Source: Newswires