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British Airways: uncertain the merger with Iberia

London, United Kingdom - "Divergences wider and wider"

British Airways and Spanish airline, Iberia, may walk away from merger talks, or seriously delay a deal, because of ever-widening disagreements over what the two carriers are worth. According to "BNP Paribas" estimates, BA has an enterprise value of 6.1 billion pounds versus Iberia's 3.6 billion, mainly thanks to owning a greater proportion of its 245 aircraft than Iberia does of its 198-strong...

AVIONEWS - World Aeronautical Press Agency - 1099158
Rome, Italy, 01/29/2009 18:32
AVIONEWS - World Aeronautical Press Agency

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