The rules adopted by Anglia's board inSeptember 1992 prohibited not only directors but also their spouses from dealing in the company's shares between the end of the company's financial year on December 31st and the announcement of the annual results around mid-March.
Analysts believe that Walsh, who joined the companyin 2006, has helped turn round the company post September 11, sorting out the airline's pension deficit, restructuring its regional business British Airways Connect, and delivering cost improvements.