Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service
BA increases its presence in Iberia
London, United Kingdom - Its stake passes from 9% to 10%
British Airways increased its participation in Iberia, passing from 9 to 10%. The English carrier bought 1% from American Airlines for the value of GBP 13m (about EUR 19m). According to what the airline said, "The move aims at preserving our two seats in Iberia's Board". BA closed a bearish third quarter of 2006, because of GBP 40m expenses for the new security measures after August 10's terrorist...
AVIONEWS - World Aeronautical Press Agency - 69404
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency