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"British Airways will not accept less than 53% share in Iberia merger"

London, UK - CEO Willie Walsh's statements

Denying what had been reported by Spanish media, according to which British Airways (BA) would be prepared to accept a 50% participation in the new joint-venture that would be formed after the merger with Iberia (see AVIONEWS), BA's CEO, Willie Walsh, reaffirmed what he had previously stated: the British carrier is not going to settle for less than 53% in the split of the new company (see AVIONEWS). Walsh...

AVIONEWS - World Aeronautical Press Agency - 1107165

AVIONEWS - World Aeronautical Press Agency
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