Walsh hands over the controls after building British Airways parent IAG
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LONDON (Reuters) - Willie Walsh, who created British Airways' parent firm IAG by dragging old-fashioned flag carriers into the modern-age of budget flying, is to retire and will be replaced by Iberia boss Luis Gallego.Gallego, credited with turning round IAG-owned Iberia since taking over as CEO in 2014, will succeed Walsh on March 26, IAG said on Thursday. The appointment of Gallego meant there would be little change of direction at IAG, analysts said. But he will be under scrutiny replacing..