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Boards approved British-Iberia merger

Madrid, Spain - EU asks for competition to be guaranteed

Confirming recent anticipations issued by AVIONEWS, the boards of directors of British Airways and Iberia yesterday signed a Memorandum of Understanding (MoU) setting out the basis for a proposed merger of the two companies to create a new, leading European airline group that recognises the principle of parity at board and management level. The new airline group would have 419 aircraft and fly to...

AVIONEWS - World Aeronautical Press Agency - 1111425
Rome, Italy, 11/13/2009 16:51
AVIONEWS - World Aeronautical Press Agency

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