Iberia A340-600. The planned merger between British Airways and Iberia under holding company International Airlines Group is nearing its final stage following Iberia’s approval Wednesday of BA’s £3.7 billion ($5.8 billion) pension deficit funding plan. “We carefully reviewed BA’s pension deficit plan and the board on Wednesday cleared this last condition,” Iberia MD & COO Rafael Sanchez confirmed to ATW Thursday on the sidelines of the Europe ...

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