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BA, Iberia to merge

Posted by: Gardyloo on Nov 12, 09 at 04:36 PM Posted in: Air Travel Tagged: Jump to last reply
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Word is out today that the British Airways and Iberia boards have agreed to merge, with the current CEO of BA to be the CEO of the new company, and BA to control 55% of stock v. 45% for Iberia. Details are still emerging.

http://www.telegraph.co.uk/finance/newsbysector/transport/6556635/BA-agrees-4.4bn-Iberia-merger.html

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